IQD Calls Chat Tuesday Night 9-10-19
.IQD Calls Chat Tuesday Night 9-10-19
Wilder No dinar talk tonight?
Portmagaland Wilder sorry, I just had some more silver come in tonight, sweet!
PM Portmagaland Wilder I'd buy more finar, but all the recent talk has me a little spooked
Wilder Nice
Wilder How much dinar does one need?
Portmagaland 3 Indian Head five onces, two rolls each of pre 65 dimes and quarters
Portmagaland Wilder I have enough to be rich if it goes big and if they lop then raise to three bucks., I'll pay of a couple credit cards and buy more silver
Portmagaland Wilder You do silver
Wilder I have 3 bags of pre 65 dimes. 1 of quarters. And bars and such.
Portmagaland Wilder I like the dimes too, I'm going to get another bag next payday. I think the dimes will be most important when or if SHTF.
Wilder The dinar. We inherited quite a bit and with what we had. .10. I'm outa here .
Portmagaland Wilder Me too, but all the naysayers have me worried, but I just cant see Field McConnell misleading us, however, he thinks the Zim is going to go, that worries me about him.
Wilder If and when shtf. It will be a tough road to deal
Portmagaland Wilder Yep, wont be able to trust anyone and brass will be more valuable than silver.
Portmagaland Wilder You think anything exciting tomorrow will hapen?
Wilder Novody knows anything either way. However. If the dinar was going to lop or whatever i thnk it would have done so by now. I have a feeling there will be new notes printed if not already and will be a trade deal made. But i don't know nothing. Speculation on my part
Wilder Portmagaland Tomorrow? Would be nice.
Portmagaland Wilder That's how come I take it all with a grain of salt, we dont know and politicians and central banks are notorious for lying, so you cant believe them either
IQD Calls Chat Tuesday Night 9-10-19
Wilder No dinar talk tonight?
Portmagaland Wilder sorry, I just had some more silver come in tonight, sweet!
PM Portmagaland Wilder I'd buy more finar, but all the recent talk has me a little spooked
Wilder Nice
Wilder How much dinar does one need?
Portmagaland 3 Indian Head five onces, two rolls each of pre 65 dimes and quarters
Portmagaland Wilder I have enough to be rich if it goes big and if they lop then raise to three bucks., I'll pay of a couple credit cards and buy more silver
Portmagaland Wilder You do silver
Wilder I have 3 bags of pre 65 dimes. 1 of quarters. And bars and such.
Portmagaland Wilder I like the dimes too, I'm going to get another bag next payday. I think the dimes will be most important when or if SHTF.
Wilder The dinar. We inherited quite a bit and with what we had. .10. I'm outa here .
Portmagaland Wilder Me too, but all the naysayers have me worried, but I just cant see Field McConnell misleading us, however, he thinks the Zim is going to go, that worries me about him.
Wilder If and when shtf. It will be a tough road to deal
Portmagaland Wilder Yep, wont be able to trust anyone and brass will be more valuable than silver.
Portmagaland Wilder You think anything exciting tomorrow will hapen?
Wilder Novody knows anything either way. However. If the dinar was going to lop or whatever i thnk it would have done so by now. I have a feeling there will be new notes printed if not already and will be a trade deal made. But i don't know nothing. Speculation on my part
Wilder Portmagaland Tomorrow? Would be nice.
Portmagaland Wilder That's how come I take it all with a grain of salt, we dont know and politicians and central banks are notorious for lying, so you cant believe them either
Portmagaland You have any 64 Kennedy's, I got em, just in case a certain someone pops out of a rabbit hole
Portmagaland I want to take the day off
Wilder Sad part is. The tine that i have wasted on this over the 14 years. I blame it ob my daughter. She's the one that told us about this back then. Along with those firemen that retired because of Kuwaiti dinar
Portmagaland Wilder 14 years, wow! Time for some closure and if they lop, that's just messed up because our government told us to buy it originally
Wilder My brotber was a fireman and was afraid to take tbe chance on Kuwait
Portmagaland Wilder Bummer and hopefully this time around is good for everyone
Portmagaland I'm thinking about taking tomorrow off, but if no news, bummer
Wilder I don't see a lop. That's a bad cuss word.
Wilder Who is McConnell ?
Portmagaland Wilder Field McConnell is an old marine pilot who has a youtube channel, very popular show.
Larrykn Rafidain signs a contract with a Lebanese company to establish an integrated information center
Banks Economy News _ Baghdad Rafidain Bank announced on Wednesday that it has signed a contract with a Lebanese company to establish an integrated information center.
The bank said in a statement received by the "economic news" a copy of it, "he signed a contract with the Lebanese company Crystal Networks of Shore to contribute to the establishment of an integrated information center (DC) (Data Center)."
The bank added, "The contract includes the provision of all the requirements of the system (ACTIVE) and (PASSIVE) as well as the establishment of the Center for Disaster Recovery (DISASTER RECOVERY) and linking with (DC) and linking the branches of the bank inside and outside Iraq with (DC)."
Rafidain Bank was established by Law No. (33) for the year 1941 and commenced its operations on 19/5/1941 with a paid-up capital of (50) thousand dinars. The number of branches of the Bank is currently 164 inside Iraq, in addition to 7 branches outside Iraq: Cairo, Beirut , Abu Dhabi, Bahrain, Sana'a, Oman, Jabal Amman.
larrykn http://economy-news.net/content.php?id=17709
larrykn Religious reference on the Karbala incident: This is what we expect from the concerned authorities?
Political 11:13 - 11/09/2019 Baghdad - Mawazine News The religious authority Sheikh Mohammed al-Yacoubi, on Sunday, called on the concerned authorities to not fail in granting the rights of martyrs and those injured in a stampede of visitors during the ceremony commemorating the martyrdom of Imam Hussein (AS).
Al-Yaqoubi said in a statement received by Mawazine News: “We have squeezed the pain as we receive the news of the death of more than thirty loyal Husseinis and the injury of more than a hundred during the performance of the ritual Tuairaj Ritual at the door of the sanctified Husayn al-Haram, and renewed the calamities of Ashura this injured patient.”
He added: "We plead to the Imam His age and time, which is comforted by his grandfather Imam Hussein (peace be upon him) to include them all Btavh and calls for martyrs with mercy and high status and their families with patience and great reward, and for those who are healing and safety, they have come to console him (peace be upon him) and pray for his victory and to show his pride and dignity do not waste His presence. "
He continued the religious authority, saying: "We expect the concerned authorities not to fail in granting the rights of martyrs and the injured and to redeem their hearts and alleviate the pain of calamity." https://www.mawazin.net/Details.aspx?jimare=37946
larrykn Military Intelligence arrests terrorist after returning from Kirkuk
Security 02:15 - 11/09/2019 Baghdad - Mawazine News The Directorate of Military Intelligence reported on Wednesday the arrest of a terrorist after his return from Kirkuk.
In a statement received by Mawazine News, the Directorate said that the detachments of the Military Intelligence Division of the 15th Division, in cooperation with the 92nd Brigade and following accurate intelligence following the follow-up of one of the terrorists fleeing to Kirkuk after liberation, arrested him in an ambush to control the eastern entrance of Tal Afar. In Mosul. "
"The terrorist is wanted under a warrant of arrest in accordance with the provisions of article 4 of terrorism," she said. https://www.mawazin.net/Details.aspx?jimare=64420
larrykn The Association of Private Banks meets the Minister of Finance and Economy of the Regional Government
Banks Economy News _ Baghdad A delegation from the Association of Iraqi Private Banks, on Tuesday, visited the Minister of Finance and Economy in the Kurdistan Regional Government Awat Janab Nuri Saleh.
The transfer of the Regional Director of the Association of Iraqi private banks Mohammed Munther, congratulations and Blessings of the President of the Association of Private Banks, Wadih al-Handal, on the occasion of fattening the post of Minister of Finance and Economy in the Government of the Region wishing him success and success in his work.
The delegation discussed with the minister the possibility of joint work with the ministry through seminars, training courses and joint workshops, as well as coordination between the Ministry of Finance and the Association of Banks through the establishment of a joint committee to follow up topics related to banks in general.
For his part, expressed the Minister of Finance and Economy, the ministry's readiness to cooperate with the Association of Iraqi private banks, praising the efforts of the Association in the Kurdistan region. http://economy-news.net/content.php?id=17700
IQD Calls Chat Early Tuesday 9-10-19
.IQD Calls Chat Early Tuesday 9-10-19
foxmulder I just wish IRAQ would really make a solid move on their currency policy .
foxmulder It is quite simple really ! Either Iraq will add value to their currency or they will not ! And to what degree it will be . Every currency has potential to fluctuate up or down ..
future well from news articles they have said they will reinstate or bring their dinar back to the glory days
future when? is the biggest ?
foxmulder future there is one thing that I do know ! The gents over in Iraq think very highly of themselves, at times quite arrogant . But the fact they only talk with NO action is the norm it seems.
future yep i agree
chattelsI read above where the chat had the usual bash time with Kaperoni and sandyf.
chattels My sense is that we know very little and that more consideration should be given to the possibility that what we know or think that we know may not be correct.
chattels Electricity Minister: We need $ 30 billion to repair the national grid
Tuesday 10 September 13:16 2019
Baghdad / Nina / Minister of Electricity Louay al-Khatib, on Tuesday, the need for about 30 billion dollars to end the power crisis in the country.
Khatib said, according to the agency "Reuters", "The repair and modernization of the electrical network in the country needs investments of not less than 30 billion dollars."
Iraq still suffers from a shortage of electricity, and spent about 45 billion dollars after 2003 without improving them as required due to waste, rampant corruption and poor planning.
chattels There is some good budgetary news for you. Wow. It is worse than I thought.
chattels Economic specialist of NINA: The government should submit a new draft budget before the disaster
Tuesday 10 September 11:01 2019
BAGHDAD ( NINA ) - Economic specialist Dergham Mohammed Ali called on the government to present a new draft budget for 2020 as an alternative to the current deficit, which is worth more than two-thirds of the national revenues, an economic disaster.
chattels No " RV " for you today. :)
IQD Calls Chat Early Tuesday 9-10-19
foxmulder I just wish IRAQ would really make a solid move on their currency policy .
foxmulder It is quite simple really ! Either Iraq will add value to their currency or they will not ! And to what degree it will be . Every currency has potential to fluctuate up or down ..
future well from news articles they have said they will reinstate or bring their dinar back to the glory days
future when? is the biggest ?
foxmulder future there is one thing that I do know ! The gents over in Iraq think very highly of themselves, at times quite arrogant . But the fact they only talk with NO action is the norm it seems.
future yep i agree
chattelsI read above where the chat had the usual bash time with Kaperoni and sandyf.
chattels My sense is that we know very little and that more consideration should be given to the possibility that what we know or think that we know may not be correct.
chattels Electricity Minister: We need $ 30 billion to repair the national grid
Tuesday 10 September 13:16 2019
Baghdad / Nina / Minister of Electricity Louay al-Khatib, on Tuesday, the need for about 30 billion dollars to end the power crisis in the country.
Khatib said, according to the agency "Reuters", "The repair and modernization of the electrical network in the country needs investments of not less than 30 billion dollars."
Iraq still suffers from a shortage of electricity, and spent about 45 billion dollars after 2003 without improving them as required due to waste, rampant corruption and poor planning. https://ninanews.com/Website/News/Details?key=786427
chattels There is some good budgetary news for you. Wow. It is worse than I thought.
chattels Economic specialist of NINA: The government should submit a new draft budget before the disaster
Tuesday 10 September 11:01 2019
BAGHDAD ( NINA ) - Economic specialist Dergham Mohammed Ali called on the government to present a new draft budget for 2020 as an alternative to the current deficit, which is worth more than two-thirds of the national revenues, an economic disaster. https://ninanews.com/Website/News/Details?key=786402
chattels No " RV " for you today. :)
Clay CBI MAKES BIG BIG ANNOUNCEMENT… GETTING READY FOR THE “RECOVERY” OF THE DINAR TO IT’S FORMER WEALTH!!
Central Bank announces strategic banking projects for the next five years
By Samir al-Nusairi In the monthly meeting of the government and private banking leaders, Mr. Ali Al-Alak, Governor of the Central Bank of Iraq, confirmed the continuation of the Bank’s approach to stimulate the economy and build the capacity and development of the banking sector in order to move to the development role and contribute to financing investment and reconstruction projects.
The exchange rate as the main achievement of monetary policy applications and one of its important objectives, which has positive repercussions on the revitalization of the economy and stabilize the monetary and financial system...
Baxter says... the next FIVE YEARS im thinkin... NEXT FIVE MINUTES
Clay yep I wish
Jsst Wow, 5 year's - What do you think about the 5 year statement.? Wait or not
Zig jsst : What's another 5 years?.....I think I will still remember where I put my Dinar.
Young_SC Clay Zig increasing the value of the currency is part of the 5 year plan. Does not mean that IN 5 YEARS the currency will be increased
Clay lets hope
Sam I Am ;hello
Zig Sam I Am : How long were you in this before you changed your mind about it?
Zig New People: FYI: Sam is a naysayer....
Sam I Am Zig A year and a half
Sam I Am But in my own defense, there wasn't nearly as much information available back then
Sam I Am Any time anybody tried to bring true information into the dinar forums they were banned
Dave or did CBI revise their play book?
Young_SC Dave Sam does not care about what the CBI or Iraq says remember
Young_SC Everything is only based on Research
Sam I Am Young_SC To the contrary. I analyze their money supply figures and their statements about redenomination
Young_SC As him and Kap had stated over and over again
Young_SC RESEARCH!!!!!!
Sam I Am They clearly have no intention of revaluing their currency
Sam I Am But I pay no attention to the news articles
Dave just wonder where we would be today if CBI never mentioned the delete 3 zero project?
Dave really that is all we have to go on?
Dave Have i missed the boat on that?
Dave Why are we here if not that?
Sam I Am Young_SC I never said I know everything. I said I read the CBI money supply figures and have read the delete the zeros statements.
Sam I Am The money supply figures show a total M1 of about 70 trillion
Sam I Am And the "delete the zeros" articles are describing a lop
Sam I Am that's really all you need to know
Sam I Am it's not that complicated
Wilder Best restaraunts in Iraq. THE 10 BEST Restaurants in Iraq - Updated September 2019 - TripAdvisor
Wilder Things to do in Iraq. THE 15 BEST Things to Do in Iraq - 2019 (with Photos) - TripAdvisor
Wilder Looks to me like they are developing fairly good
Wilder Hotels in iraq. THE 10 BEST Hotels in Iraq for 2019 (with Prices) - TripAdvisor
Wilder Housing . Housing - Iraq - sector
Dave Wilder Have you seen the construction in Mosul?
Portmagaland Good morning all, here's to hoping tomorrow is judgement day, but I'm not holding breath.
Baxter They need to do Destruction... before construction...
Dave Baxter thought they were still looking for bombs
Baxter that could be...
Baxter probably thousands of them in there
10 Sep 19, 12:10 PM Wilder Dave no
Dave Wilder Received alot of money but yet invited donors to inspect their progress...........NOT MUCH.......
Portmagaland It looks like British Parliment has been shut down in preparation for Brexit, Trump does NOT want a trade deal with China, according to Breitling, Ford has been downgraded to junk and come October 15 a major change calling illegals a public charge for HUD & SNAP, which will hurt their chances at becoming citizens, which is fine by me, I pay too much in taxes as it is. All this great economic news has the DOW only down 38 points, which is amazing, no?
Wilder I'm not able to copy the libks I've found for Mosul. Looks like thi gs are starting to mive there also. Alot of job openings
Dave Wilder a few months ago they were questioning where all that money went.......
Wilder A legacy of war: U.N. clears thousands of explosives in Iraq . LINK
Dave .....and those Iranian para military keeps bringing them into Iraq?
Wilder Dave who knows Dave. Sometimes I think we don't get the full truth in the news.
Dave Maliki throwing his name back in....backing the para military forces as Mahdi faces removal from office.....
Dave another impending CRISIS on the Horizon?
Dave they are good at that
futuremoney Dave impending??? its constant...
Dave futuremoney delay maintains Immunity?
Wilder Dave same with that money. I would think the U N ..would or the U S would be keeping close eyes on that. Anythings possible tho.
futuremoney Dave yep
Dave Sadr sounds PISSED
Futuremoney Dave he always pissed...but does nothing
futuremoney like a kid throwing a tantrum
Wilder Maybe saving Mosul for last for rebyilding the rest of Iraq .
Dave he went months without bathing......
futuremoney ewww
Baxter I thought Sadr had pancreatic cancer..
Dave did a few protests camped out outside the Green Zone?
futuremoney Baxter never heard that
Baxter there were articles about it couple months ago
Baxter probably lies
futuremoney that's all they do
Dave Sadr just maybe CLEAN.....
futuremoney thats why I don't really believe any Iraq news anymore
Dave futuremoney believe our news.......?
futuremoney what news is that
futuremoney if it comes out of Iraq...no
Dave futuremoney but in this session IMPORTANT LAWS TO PASS!
futuremoney riiiight
futuremoney how many times have we heard that
Dave tooo many?
futuremoney yup
futuremoney sooooon
Dave hoping that they maybe at the cross roads...or the end of their rope
Futuremoney they are too stupid to know
futuremoney sand for brains
Dave too smart........maintain their Immunity is my take
Dave leader of each party is a BILLIONAIRE
futuremoney leader?? I bet they all are
futuremoney prolly not one person isn't corrupt...thats why they cant move forward with anti -corruption...they would all get hung
Dave no offered clemency if they replaced the stolen cash
futuremoney cant replace what you have spent
Portmagaland Trump fired Bolton
futuremoney Iraq and Iran are the crouch of the world
Dave try spending malikis 64 Billion usd......good luck with that!
futuremoney Dave I was reffering to the lower MP,s...
Dave Mishan Jubouri......."Yes I have accepted millions in bribes"....lost his seat and is still FREE
Dave just not billions.....
Wilder MOSUL, Iraq – Busy construction workers in hard hats and reflective gear - this is Mosul today. https://www.rudaw.net/english/middleeast/iraq/030420191
Dave Wilder" to be completed this Sept or Oct..."..
Dave must be working day and night to require reflective gear
Wilder Put in a work order for the RV
Wilder Priority
Dave that would speed the rebuild....
futuremoney great....just got a tweet that Sadr is in Iran meeting with Ayatollah Khamenei
Dave but why not use donor cash instead......?
futuremoney thought he was against Iran...
Dave me thinks this is the calm before the storm
futuremoney calm???
Dave this non confidence thing....Maliki throwing his hat in.....
Dave Iranian para military.......
Dave Sadr threatening to quit.....or something?
Dave Something maybe going down........
Dave Hope its M
Dave evade and divert......is what they are best at
IQD Calls Chat Monday Night 9-9-19
.IQD Calls Chat Monday Night 9-9-19
Zig Earlier from Kaperoni: " A year or so ago when somebody asked the CBI about floating the currency their response was that they weren't going to float "at this time" and it was taken out of context as if they were saying no float ever.
But that's not the truth, the truth is they were not ready to float at that time and proper translation of the article was necessary because all countries float eventually especially Emerging Markets.
And there have been many examples of countries moving from fixed to float over the last few years. Even several in the Middle East"
RodTahoe I appreciate any information or insight. I may not agree with Kap on exactly how this will evolve, but he is projecting positive results and a value change, which is what we are all looking for. Been in this to long to worry about speculation and personal opinions
Zig Doug_W : How come DP stopped doing calls?
Doug_W Zig because ppl got pushy and telling K how to run them so she said NO more 4 the forseeable future
Larrykn The Central Bank and the Association of Banks discuss the development of Mutanabi Street with the Ministry of Culture Side of the meeting
Banks Economy News – Baghdad The Central Bank of Iraq and the Association of Iraqi Private Banks discussed with the Minister of Culture, Tourism and Antiquities Abdul Amir Al-Hamdani, the project of rehabilitation and development of Al-Mutanabi Cultural Street in central Baghdad under the auspices of the Central Bank of Iraq.
The meeting was attended by representatives of the Central Bank of Iraq and the Association of Private Banks and a number of general managers in the ministry, to discuss and study ways to develop Mutanabi Street and rehabilitation on the levels of climate, aesthetic and service, and to identify the details of obstacles and develop appropriate solutions.
According to a ministry statement seen by Al-Iqtisadiah, Al-Hamdani "wishes to accelerate the practical steps to rehabilitate and develop the street and provide appropriate conditions for its visitors while preserving the heritage of the buildings it contains."
IQD Calls Chat Monday Night 9-9-19
Zig Earlier from Kaperoni: " A year or so ago when somebody asked the CBI about floating the currency their response was that they weren't going to float "at this time" and it was taken out of context as if they were saying no float ever.
But that's not the truth, the truth is they were not ready to float at that time and proper translation of the article was necessary because all countries float eventually especially Emerging Markets.
And there have been many examples of countries moving from fixed to float over the last few years. Even several in the Middle East"
RodTahoe I appreciate any information or insight. I may not agree with Kap on exactly how this will evolve, but he is projecting positive results and a value change, which is what we are all looking for. Been in this to long to worry about speculation and personal opinions
Zig Doug_W : How come DP stopped doing calls?
Doug_W Zig because ppl got pushy and telling K how to run them so she said NO more 4 the forseeable future
Larrykn The Central Bank and the Association of Banks discuss the development of Mutanabi Street with the Ministry of Culture Side of the meeting
Banks Economy News – Baghdad The Central Bank of Iraq and the Association of Iraqi Private Banks discussed with the Minister of Culture, Tourism and Antiquities Abdul Amir Al-Hamdani, the project of rehabilitation and development of Al-Mutanabi Cultural Street in central Baghdad under the auspices of the Central Bank of Iraq.
The meeting was attended by representatives of the Central Bank of Iraq and the Association of Private Banks and a number of general managers in the ministry, to discuss and study ways to develop Mutanabi Street and rehabilitation on the levels of climate, aesthetic and service, and to identify the details of obstacles and develop appropriate solutions.
According to a ministry statement seen by Al-Iqtisadiah, Al-Hamdani "wishes to accelerate the practical steps to rehabilitate and develop the street and provide appropriate conditions for its visitors while preserving the heritage of the buildings it contains."
The statement quoted the delegation of the Central Bank and the Association of Banks on the "implemented and ongoing projects for them in the capital Baghdad, such as the rehabilitation of the Baghdad gate and the establishment of the Museum of the Iraqi Media Network,"
while the delegation called "the ministry to provide space for the institution in the street to identify the ongoing sustainability of the street and develop and host cultural events."
The Delegation suggested “providing umbrellas for sidewalks and restoring the floor to be more suitable for walking, as well as providing appropriate lighting especially after opening on Saturdays in the evening”. He also proposed "to use the wali's house opposite Al Qashleh building and transform it as a center for entrepreneurship that embraces youth projects in all disciplines."
larrykn Al-Hamdani stressed, according to the statement, the importance of Mutanabi Street for the cultural center and the importance of accelerating its development and rehabilitation for visitors from the Iraqi culture audience, directing the relevant departments to communicate with the Municipality of Baghdad to begin the development and rehabilitation of this cultural edifice.
http://economy-news.net/content.php?id=17694
larrykn Tripoli Customs records revenues of more than one billion dinars
money and business Economy News _ Baghdad More than one billion dinars were registered on Saturday at the Tripoli customs border, the General Customs Authority announced Sunday.
"The continued increase in revenues achieved in most of its customs centers comes as a natural result of the efforts of its cadres working in the customs centers," the authority said in a statement received by the Economist.
She added, "Revenue realized in the account of the Ministry of Finance to the Central Bank of Iraq, which is subject to auditing the Office of Financial Supervision and thus be recorded the highest revenue supplying the state budget after oil revenues, despite the challenges and constraints and a severe shortage of qualified personnel and the lack of minimum requirements and means and customs work devices." . http://economy-news.net/content.php?id=17682
Portmagaland So, you can pre-order the year of the mouse from Perth Mint, I'm a mouse/rat, which is 2020. In Chinese culture the rat/mouse is revered for being clever and the mouse/rat was the first of the 12 Chinese zodiacs to get to Buddha's party by running across the cows head to be the first to cross the finish line. Kentucky Derby has nothing on that finish.
At first I wasn't cool with being g a rat until my Chinese students told me that story. With that said, did you guys know if it is your year in Chinese Zodiac, you are supposed to have bad luck. That's why Chinese friends and family give you red underwear to ward off the bad luck. Mahalo :)
Portmagaland I know has nothing to with the dinar, sorry
Xyz THERE GOES Z RV ....Democrats are approaching Trump's isolation measures
WASHINGTON (Reuters) - Democrats in the US Congress on Monday took another step toward the possible removal of President Donald Trump, an option that still divides the opposition more than a year before the presidential election.
Spankie democrats slinging mud trying to tear down Trump- election moves- discredit- russia b* for years- nada-
sandyf @Dave How many yrs ago did CBI indicate in their news delete 3 zeros project?
The CBI first started talk of redenomination in 2007.
This article is from August 2010.
"There has been much speculation in recent months that the Iraqi dinar would be re-based, knocking off the last three zeros."
"“The Central Bank wanted to remove the zeros three years ago, we alleged that it was impossible. They wanted to do it again last year and we rejected the proposal again. The issue is currently brought up once again, but the Ministry of Finance and Economics insists that Zeros will remain,” said Fazil Nabi, the deputy minister of finance and economics."
http://www.iraq-businessnews.com/2010/08/24/zeros-will-not-be-removed-from-iraqi-currency/
sandyf @Loren so lets say that you bring in a 25k note the bank. Do they exchange the 25k note for 25k in small denominations?
No. There will be 2 different currencies, they will hand in 25K of IQD and get 25 dinar in another currency, possibly IQR.
Dual pricing will come into effect and goods will be priced in both IQD and the new currency. There was a redenomination in the UK in 1971 and I can assure you it is extremely problematic, particularly for the elderly.
sandyf @Loren @young_SC. I have wondered, if you can take a currency down like that, why can't you just revaluate it the same way?
Accounting regulations do not allow it. Some years ago Iraq had to get permission from the IMF to revalue assets acquired during the Saddam era. Depreciation is a different matter altogether.
sandyf @Baxter SandyF made this statement last night... If the IQD was to float from the current value and appreciate at 10 percent per month, in 2 years the rate would be about 100/USD, at 3 percent per month the rate would be about 600/USD. I just dont understand his figures here... how could the 3% rate be 6 times ... what the 10% rate would be?
You are looking at it the wrong way round, 600/USD is not 6 times 100/USD, it is a sixth, parity would be 1/USD. A realistic rate of appreciation would take a generation to reach parity.
sandyf @Zig So it could make a big move in a relatively short period of time.....
In the currency markets a couple of percent is a huge move, what Kap is suggesting is outside the realms of possibility.
A float is not out of the question but may not go the way expected, Egypt lost 50% of the value overnight.
Future absolutely all we can do is wait
foxmulder future lots of opinions from people who say they know how it's going to go ! Not sure anyone does for certain .
future yes but some make their agenda very obvious so you have to wonder why even come into dinar chats?
foxmulder future I know ! Not sure the motives of some people .
foxmulder I just wish IRAQ would really make a solid move on their currency policy .
ffoxmulder It is quite simple really ! Either Iraq will add value to their currency or they will not ! And to what degree it will be . Every currency has potential to fluctuate up or down ..
future well from news articles they have said they will reinstate or bring their dinar back to the glory days
future when? is the biggest ?
foxmulder future there is o e thing that I do know ! The gents over in Iraq think very highly of themselves, at times quite arrogant . But the fact they only talk with NO action is the norm it seems.
future yep i agree
IQD Calls Chat Early Monday 9-9-19
.IQD Calls Chat Early Monday 9-9-19
Whitelions sandyf the article clearly states that its a study and they do not recommend an rv BUT it has no bareing on what the CBI will do very soon .
xyz Tebow 9-9-2019 Newshound Guru Kaperoni ...dinar rates...in excess of $3...not possible. Iraq could never afford any such RV/RI. The only scenario where I could see such a thing is if they LOP first. I've already stated I don't believe that Iraq would LOP.
That being said, the only thing they can do is raise the value gradually over time as I've discussed many times via a float.
The reason why I say they will float is 1, the IMF specifically gave such a directive, 2 Iraq can't afford any other increase in value with so much currency in circulation, 3 have to reduce the currency which can't occur until after the value starts to rise.
So we'll just have to wait and see how the next several months play out. But I know one thing if they're going to raise the value it's going to have to occur gradually...
xyz The Finance Committee in the House of Representatives, on Monday, the date of sending the 2020 budget to parliament, expected to be November this year as a date to send from the government to the House of Representatives.
xyz The General Secretariat of the Council of Ministers will suspend the official working day tomorrow Tuesday in all of Iraq
chattels A ton of gold is worth just over $46.5 million fiat US dollars, in July 2019.Jul 18, 2019
chattels If Iraq has 96 tons then multiply $ 46.5 million times 96, eh ?
chattels Less than 4.5 billion, eh ?
chattels Iraqi MP: Defense Minister Shamari is the worst defense minister in 16 years. He is unqualified & the changes he is making are dangerous.
chattels ‘Kirkuk is Kurdistani’: Kurdish parties to run on joint list for provincial elections in disputed Kirkuk
IQD Calls Chat Early Monday 9-9-19
Whitelions sandyf the article clearly states that its a study and they do not recommend an rv BUT it has no bareing on what the CBI will do very soon .
xyz Tebow 9-9-2019 Newshound Guru Kaperoni ...dinar rates...in excess of $3...not possible. Iraq could never afford any such RV/RI. The only scenario where I could see such a thing is if they LOP first. I've already stated I don't believe that Iraq would LOP.
That being said, the only thing they can do is raise the value gradually over time as I've discussed many times via a float.
The reason why I say they will float is 1, the IMF specifically gave such a directive, 2 Iraq can't afford any other increase in value with so much currency in circulation, 3 have to reduce the currency which can't occur until after the value starts to rise.
So we'll just have to wait and see how the next several months play out. But I know one thing if they're going to raise the value it's going to have to occur gradually...
xyz Scientists find a way to protect against HIV https://translate.google.com/translate?hl=&sl=ar&tl=en&u=http%3A%2F%2Falforatnews.com%2Fmodules%2Fnews%2Farticle.php%3Fstoryid%3D210555&sandbox=1
xyz The Finance Committee in the House of Representatives, on Monday, the date of sending the 2020 budget to parliament, expected to be November this year as a date to send from the government to the House of Representatives. https://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Falahadnews.net%2Findex.php%2Fpermalink%2F177300.html&sandbox=1
xyz The General Secretariat of the Council of Ministers will suspend the official working day tomorrow Tuesday in all of Iraq https://translate.google.com/translate?hl=&sl=auto&tl=en&u=https%3A%2F%2Fbaghdadtoday.news%2Fnews%2F95463%2F0
chattels A ton of gold is worth just over $46.5 million fiat US dollars, in July 2019.Jul 18, 2019 https://www.google.com/search?q=how+much+is+a+ton+of+gold+worth+today&oq=how+much+is+a+ton+of+gold+worth+today&aqs=chrome..69i57j0l4.12682j1j8&sourceid=chrome&ie=UTF-8
chattels If Iraq has 96 tons then multiply $ 46.5 million times 96, eh ?
chattels Less than 4.5 billion, eh ?
chattels Iraqi MP: Defense Minister Shamari is the worst defense minister in 16 years. He is unqualified & the changes he is making are dangerous. http://iraqnewsapp.com/1/Article/2244/185564281#.XXYzTi5KiUk
chattels ‘Kirkuk is Kurdistani’: Kurdish parties to run on joint list for provincial elections in disputed Kirkuk https://www.rudaw.net/english/kurdistan/090920191
chattels KRG prime minister says Kurdistan will not give up ‘national demands’ https://www.rudaw.net/english/kurdistan/080920191
Chattels We see the following sentiment expressed in a news article for every session of Parliament.
Siron: The coming period will witness a major movement towards the adoption of laws in parliament and follow-up the work of the government
Monday , 09 September https://ninanews.com/Website/News/Details?Key=786187
Chattels Sometimes the article will refer to the laws as " important to the people ", but there is little progress. Again, Iraqi rhetoric vs. reality.
chattels BAGHDAD / NINA / The Central Bank of Iraq sold more than / 251 / million dollars at auction selling foreign currency today.
The bank said in a statement: "The total amount sold today, amounted to 251 million and 245 thousand and 860 dollars, with the participation of 30 banks and one company."
https://ninanews.com/Website/News/Details?key=786235
chattels Sales continue to be " brisk ".
Baxter Lot more money going thru the auctions than years ago.. for sure
chattels Have no conclusion to draw or make, but the volume is higher than last year I think.
Baxter a lot higher .. yes
chattels BAGHDAD / NINA / Former Prime Minister Haider al-Abadi discussed with Finance Minister Fuad Hussein the overall political and economic situation in the country.
A statement from his office said: "Abadi received in his office Finance Minister Fuad Hussein and leader of the Kurdistan Democratic Party, Shwan Mohammed Taha, during the meeting discussed the overall political and economic situation in the country and the functioning of the government and the budget for 2020 and financial matters and plans and future strategies."
https://ninanews.com/Website/News/Details?key=786132
chattels No mention of what was discussed, but they apparently talked about it. Maybe they formed another committee. Yada, yada, yada.
chattels The 2020 General Census awaits implementation: deliberate attempts to subordinate the census to political agendas
https://ninanews.com/Website/News/Details?Key=783853
chattels " Political analyst Abdul Amir al-Moussawi believes that the census will provoke political crises because of the insistence of some to include the field of doctrine or title of clan or nationalism as well as the problems of the disputed areas within Article 140 of the Iraqi Constitution, which is competing for the purpose of obtaining its oil and natural resources, likely a dispute new between the center and the Kurdistan region because they are waiting to find out exactly to demand that Baghdad more money by raising the percentage allocated to them in Iraq , the financial budget, which is estimated today at 17% annually numbering ..
and criticizes the legal expert Tareq war , not to mention doctrine in the census form is not Its been allocated for the distribution of positions , but in order to know the number of sects and the number of adherents , it is not the consecration of sectarian evidence that religion and nationalism in the form of data as the most developed countries in order to adopt the doctrine of the rights of all Angmt doctrine."
chattels " the insistence of some to include the field of doctrine or title of clan or nationalism as well as the problems of the disputed areas within Article 140 of the Iraqi Constitution, ....."
chattels So, the 2020 census may not provide for the information needed to implement Article 140 !
Baxter SandyF made this statement last night... If the IQD was to float from the current value and appreciate at 10 percent per month, in 2 years the rate would be about 100/USD, at 3 percent per month the rate would be about 600/USD. I just dont understand his figures here... how could the 3% rate be 6 times ... what the 10% rate would be?
chattels While it sounds obvious what needs to be done in Iraq, arguably we have a similar political issue with our own census. Are you a citizen ? What is your clan or national identification ?
chattels Baxter Sounds as they ti may require two lifetimes for the dinar to appreciate in the manner argued by Kaperoni, but maybe that is our reality ?
Baxter I know .... My Dime will take a long..long time
chattels Increasingly I prefer to remain silent and thought to be a fool than to open my mouth and remove all doubt.
Baxter Yes... I wish more would...
Chattels This venue is not favorable to views that differ from the conclusion that we will have a positive liquidity event, and soon or sooner rather than later
ZigKaperoni is in the room....Hi Kap....
Kaperoni I have always said the pace of the appreciation on a float is based on how fast investment comes into the country. The faster investors bring money through the cbi's capital account to invest in rebuilding, etc. The more pressure it creates causing the CBI to allow the currency to appreciate.
Zig So it could make a big move in a relatively short period of time.....
Kaperoni And these fools that say a LOP solves nothing are wrong. Of course it does, if Parliament when's out and passes a lot to remove the zeros from the notes it reduces the money supply from trillions to billions overnight which makes it manageable. Of course we don't want that
Kaperoni Of course zig
Kaperoni That is what the balassa -Samuelson effect is
Kaperoni if Parliament wins out and passes a lot to remove the zeros from the notes it reduces the money supply from trillions to billions overnight which makes it manageable. Of course we don't want that
Zig Kaperoni : Then we are cooked
Kaperoni Im mobile sorry trying to use voice recognition and it's making mistakes
Zig Kaperoni : Many here say the CBI said NO FLOAT yet you continue to say it will.....please comment
Kaperoni Though nobody likes it, the directive from the IMF to float the currency is the safest and best solution for all of us to see the currency go up in value because a RV of any significant amount is not possible
Kaperoni Zig I have answered that question at least a dozen times and nobody wants to hear that answer. So it doesn't make any sense to answer it again but afloat is the only reasonable solution as requested by the IMF in 2013 as part of the Article IV Consultation
ZigKaperoni : What about an "RV" of a penny or so?
Kaperoni First of all zig, there have been many discussions about a float over the years from the CBI, and economic experts in Iraq. Many of them positive. One of which was discussed even recently.
A year or so ago when somebody asked the CBI about floating the currency their response was that they weren't going to float at this time and it was taken out of context as if they were saying no float ever.
But that's not the truth, the truth is they were not ready to float at that time and proper translation of the article was necessary because all countries float eventually especially Emerging Markets. And there have been many examples of countries moving from fixed to float over the last few years. Even several in the Middle East
Zig Thanks....I will save that answer for future use....
Kaperoni Floating the currency is not some arbitrary or random event it precedes pressure created on their financial system otherwise the repercussions could be bad for the country.
Kaperoni People need to realize if significant investment is going to come into Iraq as expected it's going to create pressure. There has to be a mechanism in place just prior to relieve that pressure. That mechanism is a float
Zig As for Kap being my buddy, that is silly.....If Tony came in here I would also be respectful....though I would ask him tough questions believe me......
Kaperoni If you do not have a mechanism in place, the monetary stability in the country will be thrown completely out of whack. And the CB I could lose control over the currency as inflation skyrockets as a result. As I've said for years monetary policy is not a random act and precautions need to be in place and tools are used to maintain the stability
Kaperoni Zig what's the definition of Buddy?
Zig Remember when Poppy3 came in here??.....lol.....tough questions were asked and he ran away.....so you can be respectful and tough.......
xyz Zig your buddy preacher is selected on the sermon and carefully select the audience
Kaperoni Xzy, I'm not preaching but either people don't comprehend, listen or want to understand so it has to be repeated
Zig I would ask Tony why he lies about this every day???.....for donations???.....Yes.....and he would run.....
Zig xyz : This is the problem whenever Kap comes in.....he gets attacked because many can't be civil......and just chat and disagree......
Zig xyz : He answers but not what you want to hear.....lol.....unless he misunderstands your questions.....IDK...
LeLe Some people have themselves a belly ache. They listen to every call out there, they are members on all the sites (paid and free) they follow all the articles. If you don't remember the reason you bought Dinar then maybe some people should take a break or sale. GEEEEEESH
Kaperoni xyz if you don't like my answer XYZ you can always go read the IMF Article IV and have it direct from them and it's as clear as it gets
Zig I never have understood why many people get so upset with Kap as he is far from negative about this investment....
Kaperoni I wouldn't be in it if I believed in a LOP. But I do believe that anything other than a float is unrealistic at this point
Kaperoni Okay I got to get off the mobile device. Have a good day
Zig Kaperoni : Thanks for coming into the lions' den.... ;Thud
Zig Find Kaperoni mostly at https://dinaralert.webs.com/
Doug_W @Kaperoni I personally am glad U came in please be a regular
Zig HI tweets https://www.iqdcalls.com/kaperoni.html
Doug_W Zig nawww I like a lively discussion
larrykn since I have not read any article that states how they are going to do this , I have to just wait and see, I don't believe on putting out info I can't back up.
Zig xyz : If you wish, put together a question for Kap.....and make it easy to understand....word it carefully, etc......I will PM it to Kap.......
Zig I will make sure I understand it first.....lol
RodTahoe I appreciate any information or insight. I may not agree with Kap on exactly how this will evolve, but he is projecting positive results and a value change, which is what we are all looking for. Been in this to long to worry about speculation and personal opinions,
IQD Calls Chat Sunday 9-8-19 Part 2 of 2
.IQD Calls Chat Sunday 9-8-19 Part 2 of 2
Baxter you know what... If I could understand Arabic.. I would go over there myself
Loren I didn't have trouble find people that spoke English.
Loren Even in Baghdad International Airport.
Dave Loren would of thought 1 Iraqi would have GOOGLED Dinar Speculation and found this Site......
Loren Even in Kuwait, Egypt and Dubai.
Loren I used to belong to Dinar speculator with Medic.
Loren His health was bad when I last read him. Recently I went back to the site there were no new posts for years. But it is like that for a lot of the old Dinar sites.
Loren @that is what we all read on base, and you could get English and Arabic.
Doug_W Loren on base??
Loren yep, we could get it at the military's exchange.
Doug_W where were U?
Doug_W and did you serve or a family member?
Baxter Well.. I put an ad in a magazine out of baghdad someone to transpose arabic to english... we will see if I get any takers..
Doug_W good deal Bax
Baxter fingers crossed
Loren Covered the whole country, easier for me to spell bases. Cedar was the 1st base in from Kuwait, that was where the Pagan temple UR is and also Abrahams village. From there Anaconda in Balad which was a big Air base. Than Spieper in in Kircult , from there Mosul Camp Mareez and Diamondback. I left in 2013 from Basar.
Doug_W were U and "E" or an "O" ?
Loren I was a contractor for the department of defense and then a contractor the department of state.
Loren For the Department of defense I drove truck outside of the wire. for the department of state I did inventory.
Loren I actually miss it , when you are in that type of situation the extended family that you have is hard to replace.
IQD Calls Chat Sunday 9-8-19 Part 2 of 2
Baxter you know what... If I could understand Arabic.. I would go over there myself
Loren I didn't have trouble find people that spoke English.
Loren Even in Baghdad International Airport.
Dave Loren would of thought 1 Iraqi would have GOOGLED Dinar Speculation and found this Site......
Loren Even in Kuwait, Egypt and Dubai.
Loren I used to belong to Dinar speculator with Medic.
Loren His health was bad when I last read him. Recently I went back to the site there were no new posts for years. But it is like that for a lot of the old Dinar sites.
Loren @that is what we all read on base, and you could get English and Arabic.
Doug_W Loren on base??
Loren yep, we could get it at the military's exchange.
Doug_W where were U?
Doug_W and did you serve or a family member?
Baxter Well.. I put an ad in a magazine out of baghdad someone to transpose arabic to english... we will see if I get any takers..
Doug_W good deal Bax
Baxter fingers crossed
Loren Covered the whole country, easier for me to spell bases. Cedar was the 1st base in from Kuwait, that was where the Pagan temple UR is and also Abrahams village. From there Anaconda in Balad which was a big Air base. Than Spieper in in Kircult , from there Mosul Camp Mareez and Diamondback. I left in 2013 from Basar.
Doug_W were U and "E" or an "O" ?
Loren I was a contractor for the department of defense and then a contractor the department of state.
Loren For the Department of defense I drove truck outside of the wire. for the department of state I did inventory.
Loren I actually miss it , when you are in that type of situation the extended family that you have is hard to replace.
jsst A study to delete zeros from the currency .. The Finance Parliament ruled out their application at the moment
Saturday 07 September 2019 - 15:42 Baghdad-conscious-Hendrin Mekki The parliamentary Finance Committee, a study to delete zeros from the national currency, but ruled out the application at the moment for several reasons.
The Committee's Rapporteur Ahmed al-Saffar told the Iraqi News Agency "conscious": "The proposal to delete the zeros has been raised from the House of Representatives to the Parliamentary Finance Committee in order to study the change of the national currency and all categories and the printing of new currencies, but the preliminary study showed that the costs needed by the project big".
He added that "the budget deficit for this year and Iraq's debt is one of the most important reasons that will lead to delay the deletion of zeros (three zeros)," noting that "the Finance Committee has assigned specialized bodies of monetary policy to study the project carefully to submit to the Finance Committee to be the main lines of this project, which Its beginnings go back years. "
Al-Saffar pointed out that "deleting the zeros is a project that has more psychological effects than actual ones.
Baxter jsst you have a link for that
Baxter I thought the CBI was in charge of the currency
Dave here we go.....
Baxter yep... here we go
Baxter I think its a bogus article myself
Whitelions jsst and everybody else its a study they have to do it .I means nothing but another point of view and we all know government's need mover than one point of view before they do what they want anyway .people your better off what they achieved and where they are in real time to know we are at the end
Whitelions Watching*
Dave yes LDs expensive to mint ........though
Loren I have wonder about myself, could you imagine what it would be like trying to exchange 25k notes for 25?
Whitelions Baxter its not bogus its just a study
Loren Then what about retail prices?
Dave with no rate change........not a good idea.......expensive
Dave Increase Purchasing Power
Dave article never mentioned that
Whitelions Dave Mentions what?
Dave A lop not a good idea was my take
Dave Whitelions
Loren The only way that could work is start dealing with ATM's. Although then, why couldn't you leave the 25k notes and just use electronic banking?
Whitelions Dave They will run the currencys side by side for people to bring in 5 years for banks 10 years its on the cbi site
Dave yep.......
Dave I agree with you 99.9%
Baxter I remember them saying co incide for ten years
Whitelions The banks get longet so iraq can call the money in as they need to
Dave Baxter 10 yrts yes
Loren so lets say that you bring in a 25k note the bank. Do they exchange the 25k note for 25k in small denominations?
Dave Loren LDS is parrt of CBIs plan....
Whitelions Dont knoe untill it happens
Young_SC Whitelions Loren Listen to what Dave just said
Young_SC Lower denoms and coins for Iraqi citizens
Dave WHOOOPOW
Loren How do you bring up the purchasing power retail?
Whitelions Young_SC so your saying they are going to only give iraqa willget the lower ds
Young_SC Loren IQD is peg to the American dollar
Whitelions Peoples
Young_SC Whitelions Yes
Loren Now I am beginning to get optimistic again
Dave Lets GO GLOBAL....LETS GO!
Young_SC Instead of that 25 000 K note it will be 25 dollar note for the citizens
Young_SC Que the lifting of the zeros from the exchange note
Young_SC Deletion of the 0's
Young_SC Statement
Dave Young_SC At what rate ......HEHE?
Whitelions Young_SC why do we care who gets the lower money because to do that they have to rv
Young_SC Whitelions what are you talking about lolol
Loren I like that, a unit of measure that everyone recognizes.
Dave How would they make change?
Young_SC IQD is peg to the American dollar Whitelions
Young_SC Remember the CBI statement from 4 months ago about bring us your 3 zero Notes to us
Loren in fills, 1000 fills makes one dinar or one dollar.
Young_SC In preperation to get them off the street
Whitelions Young_SC about the LDN. Only being in Iraq we wont need they we are judt in this for the exchange rate
Dave I just Want MY USD.....
Young_SC Dave well when you are peg to the American dollar they will come out 1 to 1 at first
Young_SC And will rise
Loren @Dave, that is what I am waiting to hear.
DaveYoung_SC We hope......
Whitelions The L.d.n just tell us they are ready to rv
Young_SC Dave what do you mean?
Whitelions And there will be NO FLOAT
Loren Think about how 1 to 1 would simplify everything in Iraq.
Young_SC We've heard the statements many times from Iraq
Dave CBI never indicated rate?
Young_SC They want to be competitive with Kuwait
Young_SC King of the ME
Dave yep
Young_SC IRAQ CENTRAL HUB FOR THE MIDDLE EAST
Young_SC AS stated
Loren did you notice that AMF never showed a rate IQD.
Young_SC Dave only mystery is will it be 3.25, 3.16, 2.50
Dave Anything less a dime would be a lop ......
Young_SC Iraq was at $3.22 in their glory days
Loren I guess a good question would be, has the AMF ever showed a rate for IQd?
Dave I would be okay with a 10000% ROI
Whitelions Loren dont pay attention to that stuff. No institution will ever tip you off that way that is a guru bs line
Dave more BONUS
Young_SC Whitelions exactly
Whitelions Young_SC it should come in higher to keep up with the trade world wide
Loren @young_SC. I have wondered, if you can take a currency down like that, why can't you just revaluate it the same way?
Dave 10000%-325000%ROI
Young_SC Loren Imo i think Iraq will come out at a fixed rate right away
Young_SC 3 dollars plus
Young_SC Ive always stated that
Loren That is what Kuwait did!
Young_SC Loren indeed
Dave Loren NOT EXACTLY....but OK
Loren Everything that I have read out of Kuwait says that they want the IQD to come out par with the KD
Young_SC Loren And kuwait is at 3.29
Young_SC Thats why ive always said Iraq will be at the 3.22 3.28 mark
Dave IQD RESTORED.....
Loren Those are the numbers that make the most sense to me, or wish full thinking?
Young_SC Loren Its realistic
Young_SC As stated many times by Iraq
Young_SC They want to restore its currency and give purchasing power
Loren I agree, that would also make the most sense to the Iraqi citizens.
Young_SC Loren Well the whole point of this matter is for the citizens
Young_SC They come first
Loren For sure!
Dave Heard that IRAQ may have the largest Gold reserves in the World
Loren I read that Iraq has (6.6 tons, the Arab nations combined 993 ton.
Loren Excuse me Iraq has 96.6 tons of gold
Dave Loren talking still in ground
Loren No in reserve
Dave Loren worth about 5 billion usd ...yes
Loren Please check my math, but the way I have it figured, 96.6 tons of gold = 5t. do you agree with that?
Dave Young_SC !500/oz times 16 to a lb times 2200 times 96........equals?
Loren I have read that with oil reserves greater than Sudia Arbia, that have never been touched. That Iraq is in a position to become one of the richest nations.
Dave Loren 5 billion
Loren You right!
Xyz IMF floating guru expert... Michael Kaperoni@kaperoni The reason why I say they will float is 1, the IMF specifically gave such a directive, 2 Iraq can't afford any other increase in value with so much currency in circulation, 3 have to reduce the currency which can't occur until after the value starts to rise.
Sam I Am Well Kap is right about the bloated money supply
Sandyf @Dave An article today from Parliament clearly states they have no intention of deleting the zeros at this time.....Thought that was the work of CBI.......
That is a dinarland myth, in any country changes to the monetary unit is the work of the government, or in non democratic countries the head of state.
In 2014 the government postponed the project for 5 years so not much of a surprise it has been postponed again.
sandyf @xyz Kaperoni never mind ... I understand you hypothesis but you have never explain the time factor.
If the IQD was to float from the current value and appreciate at 10 percent per month, in 2 years the rate would be about 100/USD, at 3 percent per month the rate would be about 600/USD.
No economy could withstand those levels for any length of time, I think the largest recorded was China at 7% in a year. Normal appreciation is in fractions of a percent.
IQD Calls Chat Sunday 9-8-19 Part 1 of 2
.QD Calls Chat Sunday 9-8-19 Part 1 of 2
chattels Not everyone who allows for the possibility of a " lop " is making any money or preoccupied with any sense of self importance.
chattels "Accordingly, I think OPEC+ will not resort to new production cuts" because that would further blunt the group's already shrunken market share, he said.
European benchmark Brent was selling at $61.54 per barrel Friday, in contrast with more than $75 this time last year but up from around $50 at the end of December 2018.
chattels Why is it a " drive by " if some people stop in and opine, but not others ?
Doug_W good question?
chattels Doug_W I prefer good answers, :)
chattels Doug_W Wish that I had some.
spankie I am taking the 5th- I know nothing
chattels spankie A. Lincoln said that " It is better to remain silent and be thought a * than to open one's mouth and remove all doubt. "
chattels We have an asterisk for " f o o l " ?
chattels The " speech police " seem overly sensitive, eh ?
spankie lol
chattels "Araji warns parties and political blocs against the loss of the last chance"
Sunday 08 September / BAGHDAD / NINA / Former Deputy Prime Minister Bahaa al-Araji on Sunday warned political parties and blocs against the loss of the last chance.
Araji said in a press statement that "reform and the fight against corruption and state-building, the responsibility of everyone, especially the parties and political blocs.
He added: "The government will be the tool to achieve this will and let everyone know that we are facing the test of the last chance."
chattels The " Last Chance ".
IQD Calls Chat Sunday 9-8-19 Part 1 of 2
chattels Not everyone who allows for the possibility of a " lop " is making any money or preoccupied with any sense of self importance.
chattels "Accordingly, I think OPEC+ will not resort to new production cuts" because that would further blunt the group's already shrunken market share, he said.
European benchmark Brent was selling at $61.54 per barrel Friday, in contrast with more than $75 this time last year but up from around $50 at the end of December 2018. https://www.rudaw.net/english/world/08092019
chattels Why is it a " drive by " if some people stop in and opine, but not others ?
Doug_W good question?
chattels Doug_W I prefer good answers, :)
chattels Doug_W Wish that I had some.
spankie I am taking the 5th- I know nothing
chattels spankie A. Lincoln said that " It is better to remain silent and be thought a * than to open one's mouth and remove all doubt. "
chattels We have an asterisk for " f o o l " ?
chattels The " speech police " seem overly sensitive, eh ?
spankie lol
chattels "Araji warns parties and political blocs against the loss of the last chance"
Sunday 08 September / BAGHDAD / NINA / Former Deputy Prime Minister Bahaa al-Araji on Sunday warned political parties and blocs against the loss of the last chance.
Araji said in a press statement that "reform and the fight against corruption and state-building, the responsibility of everyone, especially the parties and political blocs.
He added: "The government will be the tool to achieve this will and let everyone know that we are facing the test of the last chance." https://ninanews.com/Website/News/Details?Key=786029
chattels The " Last Chance ".
chattels "Japan's Toyota .. the most profitable car companies per second"
Sunday 08 September / BAGHDAD / NINA / Toyota is Japan's most profitable car company per second.
The company sells one car every 4 seconds and earns about $ 537 per second.
https://ninanews.com/Website/News/Details?key=786033
chattels Who knew ?
chattels I am fond of words and phrase that have consonance, alliteration and or internal rhyme.
Baxter Good Morning DinarWorld.... are we ready for another week of Dinar Mania? ;quarrel ;ice-cream;
chattels Baxter A penny for your thoughts and a dime for your dinar. :)
Baxter Good Morning Chattels... I will take the Dime..
JoeSchmoe I heard through the Dinargrapevine that bobby cahill isn't sounding AS negative lately as he has in the past....something about how we may finally be at the end, whatever that end may be. As opposed to this dragging on for years.
Baxter Didnt he have the Heart Attack?
JoeSchmoe Baxter I thought he did last year of something
Baxter Yes.. I think he is the one..... why did they stop their calls?
JoeSchmoe but he has always sounded negative about this, how we would be here forever or something to that effect
Baxter Maybe he had a vision when he was near death??
JoeSchmoe Baxter i have no idea...maybe he/they were hearing how everyone didn't like how it sounded about being here for another year? Idk
Baxter DOUG.... you know why DP quit their calls...Zig said last night they havent had one since Late July...
Baxter I just wonder what really is going on in IRaq... are they really having tv broadcasts about the lower denoms..or is that just more bull hockey....
JoeSchmoe Baxter well I wouldn't be surprised if it were why I mentioned. It's commonly known that bobby never sounded too high on this thing. So maybe people vented
Baxter very well could be Joe
JoeSchmoe I know if I were a member there, I wouldn't last a day :laugh
JoeSchmoe prolly not even an hour
Baxter I know... they dont put up with much...
Loren Has anyone heard of activity going on with the bill boards and media campaigns within Iraq, other than Frank26?
JoeSchmoe read articles for yourself and make up your own mind, not to be persuaded or disuaded by gurus
Loren So do you believe that we are close, or do you believe that it is more of the same that we have seen over the years?
JoeSchmoe Loren I'm not going to say either way. I have felt this way many times before, leave it at that
future i wil say this every single one of us better hope they are campaiggning the new notes
Loren Good Copy thank You
JoeSchmoe it is always, 'the news has never sounded this good'.....yada yada yada
future the citizens are coming from a war torn country that havent had a damn bank account ever
future advertising and media campaigning is a MUST
Wheresmyrv? There has been a lot of articles about the coins coming out so that's kinda good news
future yes it is
JoeSchmoe Wheresmyrv? let's just hope it's not the start of year long articles of coins, like dtz articles started years ago....
Wheresmyrv? I know
Loren People within the Green zone around Baghdad International Air Port seen to get their power from the poverty of the Iraqi citizens. This being said, is there more incentive for them to the currency and the ecomic situation the way it is?
Loren There has got to be some reason for them to be holding back. Having been to Iraq is see it as a treasure chest begging to opened? the only reason that I can see for not doing it is because of their fear of loosing power?
spankie true that- no freedom for the peeps
Loren I met a lot of Iraqi's on base and at the Consulates. The 1st thing that really surprised was the numbers of them that spoke English and where able to write it. Although without those skills they would be allowed on base, but there was never any shortage Iraqi's with those skills.
the reason that I point this out is because the Iraqi's that I met were highly educated and it would be hard to pull the wool over their eyes.. Evidence of that would be the demonstrations in the streets of Baghdad by the Graduates from Iraqi Universities demanding jobs.
Loren My last question is: does anyone believe that the Iraqi's are being Educated on how to use the ATM? Are they being Educated on how to use the international stock market?
Loren I have notice that the Admins sort out the fluff from these chats and that I can come back and get my answers. Thank you for allowing me get my questions, please excuse me for interrupting your conversation. End of line...
Deano Well I see everyone is in a good mood this morning lol
Loren I think that I chased everyone off?
foxmulder Loren no you didn't
Loren Maybe people are afraid that they nwill catch a virus from me?
foxmulder Loren the political parties running the country and the rampant corruption , needs to be addressed . But I am sure we are not seeing the whole picture.
Loren I am very optimistic right now. I am wondering if I am creating this optimism in my own mind?
foxmulder Loren nope
Deano @foxmulder and we never will
Deano @Loren I stay optimistic. Don't ever let anyone try to steal that away from you. Their are so many good things happening right now. It's all good.
Loren Hey Thank you for your reply!
Doug_W Loren MOSTLY everyone in here is like that :)
Deano @Loren anytime. @Doug is very correct. My only advice is if you're going to give any kind of news or intel, have something to back it up. These guys are sharks and will eat you alive lol.
Loren @Deano: I have no advice, however I have spent ten years there. When get news I can sometimes sort how the good from the bad. When I tell about the abundance of oil that is there and the amount of irrigation ditch's that contain dust. That is fact, I do not believe that those facts are questioned.
However the facts that I question are what is going on with CBI, WTO, IMF and the AMF. Didn't you find it curious that IDQ rate was not released with Jordan Kuwait and the AD?
Loren Needless to say I am excited about the possibilities this week!
Matt Loren What years where you in Iraq?
Loren I was in Iraq 2003 thru 2013
Dave Howdy Folks...... Maliki in the news alot lately....... in light of the talks of corruption.....?
Dave I thought they eliminated the VP positions?
Baxter Loren do you know of any newspaper or tv station that prints or talks in english...
Loren When I was over what read was (I am going to butcher the spelling) Al Jazir. A lot o people say that they are slanted one way. But I always kept that in mind when I read them. But I kept on reading because I wanted to know the Arab side of any subject.
Baxter ok... thx... I would just like to know if the gurus are just spreading more manure about them educating their citizens..
Baxter I mean... I have been hearing this for five years
Baxter even Iraqis cant be that stupid
Loren Me too, A lot of people don't like Frank26. Maybe I do because he is telling me what I have been waiting to hear. But he is showing pictures of big flat screen bill boards, pictures of coins and saying that they educating the people.
Loren Does Zig still have contacts in Iraq?
Baxter Dave... well someone in here.... must know somebody that can translate this crappola
Baxter Loren... he has none...
Zig Loren : LOL....I never had any contacts in Iraq......
Baxter isnt there an app or something that will translate arabic??????????
Dave yes difficult to translate....NO.....
Loren I am going to do some digging to see if I can dig up a web site for Al Jazir, I'll get the correct spelling too. That is actually a huge publication, with what I thought was good cover of worlds events.
Dave BENY!
Baxter how about something like this: https://apps.apple.com/us/app/speak-translate-translator/id804641004
Baxter Loren... I think its Al Jazeer...
Baxter but its not in English
Young_SC Baxter Frank can be very comical at times i agree but i tell you this to be honest what he has been saying in the last few weeks makes alot more sense then the other nonsense you will hear from other gurus
Dave Difficulties translating the word NO....
Baxter Franks office used to be in the same building as was the BH Group.. when they got raided and arrested by the FBI five or so years ago... I think he was on the floor below them... when he first came back on.. after they were arrested... he was a changed man... for a while.. a short while
Young_SC Imo all im saying is what Frank has been saying recently does make a lot of sense
Baxter If.. its true... I would just like to know if they actually are trying to educate their citizens and if this stuff really is on TV over there
Young_SC Baxter with something as big as this i think it is very wise for its own country to educate its own citizens on something this BIG
Baxter Young_SC I agree... but gurus have been saying this for five years now
Loren I just looked it up, address is WWW.al Jazeera.com. I scanned it very quickly and saw nothing about any signs or any training. However there were other articles about Iraq. Not very many though.
Baxter Loren ok.. thx
Young_SC And to be honest with you guys i doubt something like this will be blown up in the media
Young_SC Especially here in North America
Dave How many yrs ago did CBI indicate in their news delete 3 zeros project?
Baxter well at least.. if its in print and tv like Frank says it is... it should be somewhere
Baxter Dave.... about ten years I would guess
Baxter I doubt if it would be in North America... but some newspaper or tv in Iraq should have it
Dave just gave a hint....changes maybe coming?
Baxter I know I have been hearing this for at least five years off and on....maybe more
Loren The newest article that I could find was about Mosul, it was talking about trying to rebuild the city. Nothing about IQD!
Baxter https://www.aljazeera.com/topics/country/iraq.html Here a column about Iraq... but nothing on education... just war.. rapes.. bombings and missing dead...
Baxter Loren I know... I couldnt find one piece on education
Loren I used the search, nothing!
Baxter ITS A MESS OVER THERE..
Young_SC Like i said there will be very limited info on the media front
Loren The pictures I saw, shows conditions worst than when I left.
Baxter well how are they going to educate the citizens without going thru the media
Young_SC Baxter Many different ways
Young_SC Cell phones, Advertisements on tv
Young_SC Jus sayin
Dave Baxter Would be interesting if someone could dig up those old arts when WTO and Iraq were in discussions...... Reality Rate vs Sanctioned Rate
Baxter well.. we need to find someone that can translate those supposed advertisements on TV
Loren For sure no sewage, no electric. Then did you notice that everything looked like it is still in ruins?
Baxter Loren yes.. I did
Loren The article said it was dated 29-Oct-19.
Baxter Loren LOL really
IQD Calls Chat Saturday Night 9-7-19
.IQD Calls Chat Saturday Night 9-7-19
Dave An article today from Parliament clearly states they have no intention of deleting the zeros at this time.....Thought that was the work of CBI.......
Dave Maybe tomorrow though......lol
Dave or was that now the work of the IMF..........
Dave GCR.....
Dave Chinese elders.........?
Dave All the above......non of the above
Dave Just wonder where we would be today if CBI stated nothing about this in the last ten yrs.......?
Dave We would just have Kap to educate us I suppose
jsst Kaperoni - He is spot on !!!!!! If you know of any one more educated in the Dinar and All Data ... Please follow them and close the door on the way out..
Loren Threw this whole dinar experience, the one thing that has been said over and over. The Kuwaiti's want the IQD to come out par.
Loren 1 KD = $3.28 U.S.
Dave Loren would be happy with a dime to start.......
Baxter DAVE.... GET IN LINE....
Dave Baxter Sparky has me covered......
Dave not at the nominal rate though......
xyz Mueller Helped Saudis Cover Up Involvement In 9/11 Attacks: Lawsuit
xyz For The First Time Ever, Russia Will Issue Sovereign Bonds Denominated In Yuan
IQD Calls Chat Saturday Night 9-7-19
Dave An article today from Parliament clearly states they have no intention of deleting the zeros at this time.....Thought that was the work of CBI.......
Dave Maybe tomorrow though......lol
Dave or was that now the work of the IMF..........
Dave GCR.....
Dave Chinese elders.........?
Dave All the above......non of the above
Dave Just wonder where we would be today if CBI stated nothing about this in the last ten yrs.......?
Dave We would just have Kap to educate us I suppose
jsst Kaperoni - He is spot on !!!!!! If you know of any one more educated in the Dinar and All Data ... Please follow them and close the door on the way out..
Loren Threw this whole dinar experience, the one thing that has been said over and over. The Kuwaiti's want the IQD to come out par.
Loren 1 KD = $3.28 U.S.
Dave Loren would be happy with a dime to start.......
Baxter DAVE.... GET IN LINE....
Dave Baxter Sparky has me covered......
Dave not at the nominal rate though......
xyz Mueller Helped Saudis Cover Up Involvement In 9/11 Attacks: Lawsuit https://www.zerohedge.com/news/2019-09-07/mueller-helped-saudis-cover-involvement-911-attacks-lawsuit
xyz For The First Time Ever, Russia Will Issue Sovereign Bonds Denominated In Yuan https://www.zerohedge.com/news/2019-09-07/first-time-ever-russia-will-issue-sovereign-bonds-denominated-yuan
xyz Hopium https://www.zerohedge.com/news/2019-09-07/hopium
9-7-20219 Newshound Guru Jeff ...Frank [Guru Frank26] shared with you some information that I know for a fact is from [Guru] walkingstick..."are you saying walkingstick is reliable? " Yes! ...When I saw this, strongly felt I needed to share because it’s from WS...he is the real deal... [Reference Guru Frank26 post from 9-7-2019]
Xyz Kuwait reveals the truth of its defense minister's statements about the existence of a crisis with Iraq
http://alforatnews.com/modules/news/article.php?storyid=210404
KUWAIT CITY: The Kuwaiti army chief of staff denied on Saturday statements attributed to First Deputy Prime Minister and Defense Minister Sheikh Nasser Sabah Al-Ahmad Al-Sabah regarding a crisis between his country and Iraq, Kuwait News Agency (KUNA) reported.
`` Sheikh Nasser underlines the depth of the friendly and deep-rooted relations between the two countries, and their continued cooperation in all fields, especially those related to the military field, and the keenness of both sides to strengthen them, '' the Kuwaiti army chief said in a press release.
"It reserves its legal right against the proponents of false news and rumors with a view to sowing discord and discrediting the deep fraternal relations between the two brotherly countries," she said.
The Kuwaiti Army Chief of Staff called on "social media users not to pay attention to such anonymous news and to be careful in dealing with it."
Some of the accounts on the social networking site "Twitter", has circulated tweets and statements attributed to Sheikh Nasser for "the existence of a crisis in relations between Kuwait and Iraq on the background of the topic of the construction of a naval platform in the area of Fasht al-Ayj."
The construction of a Kuwaiti naval platform in the marine area of "Fasht Al-Aij" provoked the protest of Iraq, while Kuwait stressed that the construction of the "sovereign right" of the country as it lies in its territorial waters. is over
Foxmulder Lop no lop , float ..no float, drop the zeros , nope ..no dropping of zeros.. 1 to one , nope a dime ...the possibilities are endless ..
xyz Iraq is not currently capable of buying the Russian air defense system as the country is struggling with various economic and political issues, a lawmaker revealed on Saturday. http://www.basnews.com/index.php/en/news/iraq/544739
foxmulder xyz could be their currency is WORTHLESS !
Dave foxmulder glad we figured that out
foxmulder Dave not to hard to notice dave LOL
xyz Tomorrow ... a high-level meeting in Kurdistan to discuss the outstanding issues between Baghdad and Erbil
http://alforatnews.com/modules/news/article.php?storyid=210361
(Baghdad: Euphrates News) According to a source in the Council of Ministers of the Kurdistan region, that the President of the Government of the region Masroor Barzani and his deputy Qubad Talabani, will meet on Sunday with a delegation of heads of Kurdish blocs and members of the Finance Committee in the House of Representatives.
The source explained to (Euphrates News) that "at the meeting will discuss outstanding issues between the Kurdistan Regional Government and the federal government, especially financial issues and the budget and oil and gas," noting that "the meeting will be held in the Council of Ministers building in Erbil."
Whitelions I have sid this beforbut I m going to say it again. Get off of the articles that are quotes from politicians. They have agenda s for their party .Read the gov.sites. what they are doing what they are passing what is written and signed not what is hoped or wished for.
Whitelions Dave I read what you said about the cbi always lying my goodness really thats really how they do business with the rest of the world and make money not even that they are in business to only make money would you deal with a bank you knew was breaking the laws. Lying cheating . make sence to me NOT YOU JUST KEEP LISTING TO THE GURUS THEY WILL TELL YOU THE TRUTH lol
Dave Whitelions UMMM.....Like I was being Sarcastic
IQD Calls Chat Early Saturday 9-7-19
.IQD Calls Chat Early Saturday 9-7-19
Xyz BUILD THE WALL ... Between Kuwait and Iraq: the solution to the separation wall?
Xyz THERE GOES Z RV per gurus ....
Iraqi parliamentarian to Kuwait: You are a small country and you can not enter a conflict with us
xyz Iraq signs a memorandum with the Arab League to forgive the debt of the support funds by 75%
xyz Iraq protests: Thousands of graduates demand jobs from government
Government says not enough done to tackle Iraq's jobless rate and investment climate affected by decades of war. by Charles Stratford
Thousands of university graduates in oil-rich Iraq are protesting outside government ministries in Baghdad, demanding jobs.
Unemployment for young adults stands at 22 percent and the government admits it has not planned for the large numbers of students coming into the job market every year.
Years of conflict have hollowed out the country's economy.
Al Jazeera's Charles Stratford reports from Baghdad.
chattels Iraqi MP from Parliamentary Defense Committee: Parliament with take decisive stand on foreign presence & strategic agreement with US in upcoming sessions. US is supposed to protect our airspace per agreement but our airspace is violated by Israel & Turkey.
Chattels Iraq protests: Thousands of graduates demand jobs from government
Government says not enough done to tackle Iraq's jobless rate and investment climate affected by decades of war. Thousands of university graduates in oil-rich Iraq are protesting outside government ministries in Baghdad, demanding jobs.
Unemployment for young adults stands at 22 percent and the government admits it has not planned for the large numbers of students coming into the job market every year.
IQD Calls Chat Early Saturday 9-7-19
Xyz BUILD THE WALL ... Between Kuwait and Iraq: the solution to the separation wall? https://translate.google.com/translate?hl=&sl=ar&tl=en&u=https%3A%2F%2Fwww.al-akhbar.com%2FIraq%2F276020%2F0&sandbox=1
Xyz THERE GOES Z RV per gurus ....
Iraqi parliamentarian to Kuwait: You are a small country and you can not enter a conflict with us LINK
xyz Iraq signs a memorandum with the Arab League to forgive the debt of the support funds by 75% http://ninanews.com/Website/News/Details?key=785684
xyz Iraq protests: Thousands of graduates demand jobs from government
Government says not enough done to tackle Iraq's jobless rate and investment climate affected by decades of war. by Charles Stratford
Thousands of university graduates in oil-rich Iraq are protesting outside government ministries in Baghdad, demanding jobs.
Unemployment for young adults stands at 22 percent and the government admits it has not planned for the large numbers of students coming into the job market every year.
Years of conflict have hollowed out the country's economy.
Al Jazeera's Charles Stratford reports from Baghdad.
chattels Iraqi MP from Parliamentary Defense Committee: Parliament with take decisive stand on foreign presence & strategic agreement with US in upcoming sessions. US is supposed to protect our airspace per agreement but our airspace is violated by Israel & Turkey. LINK
Chattels Iraq protests: Thousands of graduates demand jobs from government
Government says not enough done to tackle Iraq's jobless rate and investment climate affected by decades of war. Thousands of university graduates in oil-rich Iraq are protesting outside government ministries in Baghdad, demanding jobs.
Unemployment for young adults stands at 22 percent and the government admits it has not planned for the large numbers of students coming into the job market every year. https://www.aljazeera.com/news/2019/09/iraq-protests-thousands-graduates-demand-jobs-government-190905103347165.html
chattels Ali Al-Mawlawi @aalmawlawi
"We won't leave until we get our right" -- Graduates demanding public sector employment often believe it is their right because of Iraq's oil wealth. This is deeply problematic but all too common in rentier states
chattels Iraqi opposition parties form shadow government
Adnan Abu Zeed September 4, 2019
Chattels Counting Kurds in 2020 to right historical wrongs: Iraq census official
03-09-2019 https://www.rudaw.net/english/interview/03092019
Xyz Samir al-Nusairi: Rational management of the central bank and the sound application of monetary policy achieved economic resilience https://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Feconomy-news.net%2Fcontent.php%3Fid%3D17675&sandbox=1
spankie https://www.export.gov/article?id=Kuwait-Oil-and-Gas
larrykn I got a new computer and I'm trying to find a good translator so I can translate the news. any one knows of one that will translate in the website
Xyz larrykn 1. https://translate.google.com/
2. https://www.bing.com/translator/
Xyz larrykn https://www.newocr.com/ if you wonna translate writing on an image or pdf
larrykn Samir al-Nusairi: Rational management of the central bank and the sound application of monetary policy achieved economic resilience
Samir al-Nasiri The Iraqi Council of Representatives and the political and economic circles are preparing to evaluate the implementation of the government of Prime Minister Adel Abdul-Mahdi from its government platform.
In the midst of the ongoing discussions now requires the above to not separate between what has been achieved during the past years and what has been achieved during the year in which the government assumed the responsibility and bright points achieved by some of our economic and financial institutions during the economic and security shocks suffered by Iraq,
which the Central Bank of Iraq had a leading and fundamental role In supporting the national economy and achieving economic resilience. In order not to overwhelm the rights of those who took direct responsibility to face those circumstances and difficulties and challenges.
We visited the Association of Iraqi private banks and meet with an economic and banking personality experienced as close observer and follower and analyst and impartial procedures, achievements and exceptional efforts made by the Central Bank management in support of the economy and achieve economic resilience In-depth dialogue with the Economic and Banking Advisor Samir Al-Nusairi who spoke, saying:
The support provided by the Central Bank to the national economy during the economic and security shocks suffered by Iraq due to the economic and financial crisis and the war on terrorism is a bright spot and an honorable experience of success
in a country under harsh conditions and at a historical stage is the most difficult in facing the economic and security challenges that no country has experienced.
In the world, such as what Iraq went through as the management of the Central Bank of Iraq and his team and cadres proved that they had a prominent role in promoting economic resilience and moving steadily towards economic stability.
- What are the steps taken by the Central Bank in drawing up its strategy?
larrykn Through the wise efforts and prudent measures in the application of monetary policy and development policies of the Central Bank in the difficult economic phase of Iraq were able to draw a strategy for the years (2016-2020)
and a clear roadmap goals and ambitions in achieving economic stability and stimulate economic growth and promote financial inclusion and structural and institutional construction and investment optimum in Human capital through significant achievements during the years (2015-2019)
and still ongoing most notably: Maintain inflation by not more than 2% and a level of adequacy of foreign reserves within acceptable rates according to the latest criteria
All of them ( IMF ) provided by the International Monetary Fund 0 by more than 160%, which is considered high enough internationally, as the foreign exchange reserves of Iraq amounted to 72 billion dollars until 30/6/2019, and maintain the stability of the exchange rate and stimulate the banking sector regulatory
and supervision and control and the establishment of new units within Organizational structures of banks such as compliance, combating money laundering, financing of terrorism,
managing credit and operational risks, issuing money laundering law 39 for the year 2015, developing payment systems, implementing all retail and mobile payments, establishing a national exchange and working to implement international standards
Financial reports in line with the principle of transparency and disclosure is added to the bank 's efforts daily in stimulating financial inclusion processes and focus on the localization of the salaries of staff initiative for the purpose of raising the proportion of financial inclusion of the population who have no accounts in the banking system, which actually rose from 11% to 22%
larrykn According to the World Bank Bulletin. The Central Bank also announced recently to begin the completion of its investment banking projects for the years (2019-2023).
- What about the measures taken by the Central Bank for the purpose of restoring public confidence in the banking and financial sector in Iraq.
For the purpose of restoring confidence in the banking sector, the Bank re-evaluated and classified banks in accordance with international standards and standards in evaluating business results and measuring the efficiency of performance.
The bank is taking its initiative to finance small and medium projects and is currently taking measures to implement the Council of Ministers Resolution 245 for the year 2019, the second axis of it paragraph (1) concerning facilitating investment and reconstruction operations and presenting a new initiative.
Satisfied with investment projects in addition to his supervision and leadership of community initiatives funded by banks such as the Baghdad project and support the Iraqi Drama Fund and the launch of Islamic finance pooled national financing for large projects and the establishment of a fund enable and take regulatory and structural measures and the establishment of a depository center in the Iraqi market for securities and the establishment of a national center for credit information. And the Iraqi Payment Council.
- What are the orientations of the Central to develop its relationship with the Arab and foreign financial institutions that have been chilly because of the financial crisis experienced by Iraq?
At the level of international banking relations, the Central Bank was able, with the exceptional efforts of the Governor and his team, to restore relations with Arab and foreign central banks and to deliver the achievements achieved during the past years to the ruling international financial institutions such as the Financial Action Organization, which contributed to the transition of Iraq's classification from gray
7 Sep 19, 11:02 AM larrykn to normal follow-up and finally out From the monitoring and follow-up area to enable him to meet the requirements of international standards in compliance with regulations and rules of compliance and combating money laundering and terrorist financing
The report presented the achievements and organizational and structural developments, technical and compliance with international standards in financial reporting and the strengthening of confidence in the Iraqi economy and Iraq's ability to abide by international credit benefits and the praises of the World Bank, the International Monetary Fund and the Financial Action Group have had a clear impact in promoting economic resilience and financial victory and move confidently towards financial sustainability.
All the successes above make the Central Bank of Iraq and its team deserve the right word neutral service to our national economy and the Iraqi banking sector. http://economy-news.net/content.php?id=17675
larrykn getting use to this translator lol and this new computer
spankie great translation- clear
spankie just wish they would cut the b* and tell us like it is
Loren u mean the RATE?
Loren I have been watching this for 15 years, I have never seen this level coordination going on between the WTO and CBI, plus the timing. I do not have a clue about is about to happen, however I think that I am going to get the answers that I have waiting for.
Zig No reply from "Vic" yet....will post it if/when it comes.....or maybe he will come into chat though doubtful.....
Baxter WHATEVER happened to the Dinar Perspectives calls? Have they gave up?
Zig I think Doug answered that question as he is there.....but I forgot his answer......lol
Baxter I know its been a while since they had a call
Zig Their last call was 7/29
Baxter wow.. longer than I thought
Baxter well you would think that they would have had a call in the last six weeks... supposed to be two a week...
IQD Calls Chat Friday Night 9-6-19
IQD Calls Chat Friday Night 9-6-19
xyz Pompeo: "Century deal" may be announced within weeks
WASHINGTON (Reuters) - US Secretary of State Mike Pompeo said on Friday he believed the Trump administration would reveal in the coming weeks details of the long-delayed peace plan between the Palestinians and Israel.
Asked after a speech at the University of Kansas, Pompeo said: "I think we will announce our vision in the coming weeks."
White House envoy Jason Greenblatt said last week the United States would not reveal the political part of the plan ahead of Israel's September 17 elections.
Sparky ... anyone familiar, or have glanced at 'The future of Iraq Project"...,. besides Whitelions.?
Sparky *Project of
Sparky ...last pages come down to banking...
Sparky ...hope Vic1, Debbie, Diana, Mike, or LJ comes in this room to clarify...
Sparky. ..or, Whitelions...
Baxter is it good or bad news
Sparky Baxter ...good...
Baxter good to hear.. thx
IQD Calls Chat Friday Night 9-6-19
xyz Pompeo: "Century deal" may be announced within weeks
http://alforatnews.com/modules/news/article.php?storyid=210275
WASHINGTON (Reuters) - US Secretary of State Mike Pompeo said on Friday he believed the Trump administration would reveal in the coming weeks details of the long-delayed peace plan between the Palestinians and Israel.
Asked after a speech at the University of Kansas, Pompeo said: "I think we will announce our vision in the coming weeks."
White House envoy Jason Greenblatt said last week the United States would not reveal the political part of the plan ahead of Israel's September 17 elections.
Sparky ... anyone familiar, or have glanced at 'The future of Iraq Project"...,. besides Whitelions.?
Sparky *Project of
Sparky ...last pages come down to banking...
Sparky ...hope Vic1, Debbie, Diana, Mike, or LJ comes in this room to clarify...
Sparky. ..or, Whitelions...
Baxter is it good or bad news
Sparky Baxter ...good...
Baxter good to hear.. thx
Sparky ... remember an article out of CBI..."the appearance of "...stating different denoms... including 1, 2 coins...and less dinar denoms, also fil categories.....amoung others...
Sparky ... including 25 dinar... paper...
Baxter Im ready anytime Spanky.....
Baxter Let me guess... they are going to RV on 9-11.. again this year.... comes up every year..
Baxter 9-6-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ HAS DECIDED TO APPROVE THE RATING AGENCIES THAT HAVE THE CRITERIA ECAI" Quote: "The Board of Directors of the Central Bank of Iraq has decided to approve the rating agencies that have the criteria ...(ECAI) emanating from the decisions of Basel, to classify the financial institutions in Iraq, namely: Standard & Poor; Moody's; Fitch Ratings; Capital Intelligence" ...this is a WOW! article and tells so much about how they now view their banking system. Folks they are about to compete with other international currencies on the open global trading platforms. Why else would they be so concerned about their ratings from these four agencies? How many times have they told us already this is the plan?..
Sparky ...S&P...b-..., nothing investment wants...risky business... and, make sure, you have 20% cash, on the down low...
Young_SC Sparky answer the question i asked Baxter
Sparky ...yeah, but let's pop out at 3 bucks...the world are suckers... we got the oil...
Young_SC Sparky ahh so thats how you think it works ehh
Sparky Young_SC ...and, what question is that ?
Young_SC Sparky scroll up and you will see
Sparky Young_SC ... realize, trillions, to billions...
Sparky ... zeros burnt up by the Sun...?
Dave Sparky still just stuck on note count now.....?
Sparky Dave ... monetary strategy goes into effect soon...time will tell...
Dave still just stuck on note count now.....?
Sparky Dave ...yup...
Dave strategy?
Sparky Dave ...delete the zeros... from where?
Dave Sparky oops forgot CBI uses all the money they take in to pay all govt employee with enevelopes stuffed with cash
Dave So Much for those Qi cards.......
Sparky Dave ...but, how do they manage cash flow ?
Young_SC Sparky monetary policy changed during leglaslative term for the next term as stated per GOI. Statement in article that came out in March
Young_SC Remember or no?
Sparky Young_SC ...paying in electronic money ?
Young_SC Sparky ;ice-cream;
Dave Cash/Dinar in CBI belongs to CBI........If they wish to burn it ....thats fine too
Young_SC Follow the source or no
Young_SC Kap outweighs the GOI/CBI?
Dave Young_SC YOU got It!
Sparky Young_SC ... I didn't realize a difference...
Dave Sparky IMF runs CBI>>>>Forgot....lol
Young_SC Dave lol
xyz Dave per senior guru kaperoni
Sparky Dave ... now, your start in to catch up...
Dave AMEN
Zig Kaperoni Tweets https://www.iqdcalls.com/kaperoni.html
Sparky Young_SC ...does PM Abadi ring a bell ?
Sparky Young_SC ...Abadi knows the deal...
Sparky Young_SC ...any clue who Mohammed Seleh is ?
Sparky ...hint, I already told...
Sparky Young_SC ...as I thought, you know no history...
Young_SC Sparky nope i dont know Saleh, Abadi, Sadr, Allak, Shabbi. I do not know anyone whatsoever young fellow so please enlighten me
Young_SC Sparky Sparky could you please enlighten me about Saleh since i have no clue
Young_SC And Abadi And while you are at it tell me about Sadr Alak Shabbi Etc etc
Young_SC Oh and the current PM as well
Sparky Young_SC Mohamed Saleh, was vice Governor of the CBI under Shabbibi..., After Shan's was shut out of town,...in comes Turkey...as CBI governor... Mohamed Seleh went to work with Abadi, (former head of Finance minister s ), , as his financial consultant...
Sparky ...(Turki did sign a series of 25 k notes, some that I own )...
Sparky ...Both, Turki and Alak were appointed by former PM Maliki...
Sparky Young_SC you with me so far ? ... didn't think so...
Xyz IMF expert guru .... 9-6-2019 Newshound Guru Kaperoni If you go back and look at the IMF Article IV Consultation from this year that came out in June, the IMF encouraged the CBI to begin more training programs. We are now seeing an abundance these types of training or seminars throughout Iraq.
Xyz GOP Trump Challengers Cry Foul As States Move To Cancel 2020 Primaries, Caucuses https://www.zerohedge.com/news/2019-09-06/gop-trump-challengers-cry-foul-states-move-cancel-2020-primaries-caucuses
xyz BUILD THE WALL ...
Between Kuwait and Iraq: the solution to the separation wall? https://translate.google.com/translate?hl=&sl=ar&tl=en&u=https%3A%2F%2Fwww.al-akhbar.com%2FIraq%2F276020%2F0&sandbox=1
Xyz THERE GOES Z RV per gurus ....
Iraqi parliamentarian to Kuwait: You are a small country and you can not enter a conflict with us LINK
xyz Iraq signs a memorandum with the Arab League to forgive the debt of the support funds by 75% http://ninanews.com/Website/News/Details?key=785684
xyz Iraq protests: Thousands of graduates demand jobs from government
Government says not enough done to tackle Iraq's jobless rate and investment climate affected by decades of war. by Charles Stratford
Thousands of university graduates in oil-rich Iraq are protesting outside government ministries in Baghdad, demanding jobs.
Unemployment for young adults stands at 22 percent and the government admits it has not planned for the large numbers of students coming into the job market every year.
Years of conflict have hollowed out the country's economy.
Al Jazeera's Charles Stratford reports from Baghdad.
Sparky ...very interesting...
Sparky ...absorb the new graduats into the government, for no show jobs,...or...let the entrpenuers abound...into Iraqs new order...
IQD Calls Chat Early Friday 9-6-19
.IQD Calls Chat Early Friday 9-6-19
Loren Have you noticed Sadar's tweak this morning, "end of the Iraqi government"?
Baxter no i didnt I hear he has pancreatic cancer..
Doug_W I saw it Loren wonder what that means tho?
Loren I honestly believe after watching this after all of these years, that the cleric is and has always used poverty to control the citizens. I have seen this over and over. You also see the sane thing in Iran.
I have known Iranians over the years and they say that the cleric controls them and stops any progress in joining the rest of the world's ecomy. I believe that this what we are seeing in Iraq right now.
Baxter supposedly Sadr wants this money thing to happen...
Loren I have not read that, that sounds very encouraging!
Baxter yes... that has been going on for quite a while... he is supposedly "for the people"
Loren How can introducing instability in the gov encourage monetary reform?
Baxter not a clue.... sorry..
Loren Everything I have been told by Iraqi's & Iranians says, that the cleric is interested in maintaining their position of power and not much more than that.
Loren The average age of Iraqi's is around 35, it is also a majority of young people in Iran. They are ready to join the 21st century, the cleric stands in the way of that.
Loren I have been all over Iraq, we think of the desert as what we see in AZ and N.M. this not the case. Everything is dry and dead, even getting clean drinking water can be a major problem.
Loren The difference between Kuwait and Iraq is startling. While there in the rural areas they where selling fuel out of 5 gallon cans side of the road, food the same way. This why they are trying to encourage foreign investment to come in.
Loren Think about Sadam did, he diverted the river from Southern Iraq so that it would go around his Palace. Leaving hundreds of miles of irrigation systems dry and useless.
I have talked Kuwaiti farmers that say if Iraq starts farming again that they would not be to compete with them. Iraq has many sources of income, the touristy is one of them You would not believe biblical history that is there, that the articlogists can't wait to get access to.
A example of what I am talking about is Egypt, their major source income is tourism. So when I hear that Iraq can not sustain a RV, I say that they can not afford not to.
IQD Calls Chat Early Friday 9-6-19
Loren Have you noticed Sadar's tweak this morning, "end of the Iraqi government"?
Baxter no i didnt I hear he has pancreatic cancer..
Doug_W I saw it Loren wonder what that means tho?
Loren I honestly believe after watching this after all of these years, that the cleric is and has always used poverty to control the citizens. I have seen this over and over. You also see the sane thing in Iran.
I have known Iranians over the years and they say that the cleric controls them and stops any progress in joining the rest of the world's ecomy. I believe that this what we are seeing in Iraq right now.
Baxter supposedly Sadr wants this money thing to happen...
Loren I have not read that, that sounds very encouraging!
Baxter yes... that has been going on for quite a while... he is supposedly "for the people"
Loren How can introducing instability in the gov encourage monetary reform?
Baxter not a clue.... sorry..
Loren Everything I have been told by Iraqi's & Iranians says, that the cleric is interested in maintaining their position of power and not much more than that.
Loren The average age of Iraqi's is around 35, it is also a majority of young people in Iran. They are ready to join the 21st century, the cleric stands in the way of that.
Loren I have been all over Iraq, we think of the desert as what we see in AZ and N.M. this not the case. Everything is dry and dead, even getting clean drinking water can be a major problem.
Loren The difference between Kuwait and Iraq is startling. While there in the rural areas they where selling fuel out of 5 gallon cans side of the road, food the same way. This why they are trying to encourage foreign investment to come in.
Loren Think about Sadam did, he diverted the river from Southern Iraq so that it would go around his Palace. Leaving hundreds of miles of irrigation systems dry and useless.
I have talked Kuwaiti farmers that say if Iraq starts farming again that they would not be to compete with them. Iraq has many sources of income, the touristy is one of them You would not believe biblical history that is there, that the articlogists can't wait to get access to.
A example of what I am talking about is Egypt, their major source income is tourism. So when I hear that Iraq can not sustain a RV, I say that they can not afford not to.
xyz ZIM UPDATE .... Robert Mugabe, Zimbabwe's strongman ex-president, dies aged 95 https://www.bbc.com/news/world-africa-49604152
Loren Than again the Iraqi's that I knew, are waiting in excitement to join us in 21st century. It is the cleric that is keeping them out. The power that cleric has in that part of world is astounding.
You should hear the call to prayer that takes place everyday that can even be heard when you are inside. Believe me you do not even want to hear how women are treated over there.
I could tell you horror stories that would keep you up at night.. I have never been able to figure out why any woman would want to go over there and become part of that?
Young_SC Zig people disagree with kap because the float could take a year or a few years just to reach a dollar
Young_SC Zig So tell me how is that logical for its citizens and the country itself???
Young_SC Thats why CBI stated no float they prefer fix rate
Zig Young_SC : Don't ask me, I know nothing.....LOL
Young_SC And if they ever did float it would start from a dollar and go upwards to that set rate
Dave Young_SC who said that?
Zig I just loiter :na; here causing trouble....
Tebow Young_SC that's what I believe
Young_SC Zig cue in the PURCHASING POWER for its citizens as IRAQ HAD STATED OVER AND OVER AGAIN
Tebow How can Iraq do any economic planning against other currencies/trading/import goods when you don't know what the rate will be in the near future.
Dave Tebow million dollart question....\
Tebow Dave What I won? LOL
Dave Tebow Hope so?
xyz Zig
Dave Tebow DID SUGGEST to be competitive with other currencies
Dave .00086 not to competitive
Tebow Yes and Iraq did come out and say they would be one of the strongest currencies in the ME
Tebow And Iraq is going the investors determine what the rate to their currency is according to Kap
Dave Tebow but CBI suggested that was NOT to be....
Whitelions You all know cr** baises his belief that the imf made iraq sign a contract saying they would float BUT THEY CAN'T DO THAT BY INTERNATIONAL BANKING LAWS they can only hammer out how repayments re made
Dave Whitelions Sparky AWAITING CLEARANCE FOR TAKE OFF
Whitelions Dave Kap said that the imf told iraq they would loan them money only if they floated their currency when they rved .but thet cant tell a country how to handle their money they can only recommend and then reach repayment agreements
Sparky ...what's this stuff about forgiveness of 75% of Iraqi debt to Arab s...?
Dave Whitelions LET ME FIND THE FABREZE
Whitelions Sparky thats a very good thing because if iraq had to pay everything they owe they may never rv but the arib states are betting they will make 10 fold there money back if they forgive the debt
Sparky ... also don't understand AMF...ISX...Nasdaq article...
Sparky Whitelions ah, ok... thanks...that makes sense...
Dave Sparky I DO NOT UNDERSTAND THAT BALSAMIC SAMMUELLESON EFFECT EITHER
Whitelions And they want better working relationships for trade both in and out
Dave Whitelions THAT MAKES RTOO MUCH SENSE?
Sparky Whitelions ...start at clean slate?
Whitelions Abadi said they want to be the center and the peace keepers of the me and thats what he has worked for but most cant see past malki to trust hi
Whitelions Sparky yes
Whitelions Him
Dave JUST wonder where all that cash is from that Kuwaiti donor conference
Sparky Whitelions ...things certainly appear more, secure and stable these days also... with government almost fully seated...
Dave Sparky 10 yrs of almost for me
Sparky Dave ... allocated yet ?
Whitelions In the bank dont worry Dave. They have that under controal the world watches
Dave Sparky look at Mosul
Whitelions Sparky yes we are at the end of this road now we have to be ready to make the most of what it will give us
Dave Whitelions dead end coming up?
Sparky Dave ...pledged 80 billion at the conference... need twice that much for entire country rebuild...
Dave Sparky look at rthe UAE out of nothing
Sparky Whitelions thanks...chat later...
Tebow Whitelions what to you believe might be a rate?
Sparky Whitelions ... I'll have to wait at least a week, to get my act together...
Dave definitely worth more than the costs to mint new currency in the form of LDs Tebow
Tebow Dave yes
Dave that would be the starting point then?
Sparky Dave ...any thoughts on actual LD'... denominations ?
Dave Sparky just opinion
Dave less 3 zeros
Dave and coins
Sparky Dave ... that's ok, throw it out there...most of my stuff is opinion...
Dave derived from kap
Tebow Sparky it's all opinion
Sparky Dave ...ah...fils... nice...!
Dave CBI's opinion too?
Dave Sparky like coins
Dave not the 1000 or 10000 dinar coins so much
SparkyTebow ... bong is usually correct...
Sparky Tebow 1:1 would be lovely...
Sparky ... does seem everyone is playing nice with Iraq... must be a good reason...
Sparky ... except Israel dosn't appreciate Iran moving their WMD into Iraq... to mess with them...
Young_SC Sparky i already stated to you it would be 1 to 1 start but you laughed at me when i stated that to you
Sparky Young_SC no, I never laugh at possibility...
Portmagaland Good morning all, when this pops, I'm moving to Hawaii and the f out of Oregon.
Sparky Young_SC ... or, even probability...
Young_SC Sparky That so called possibilty is what IRAQ has told us many times
Young_SC Im going by factual info
Young_SC Not OPINIONS
Sparky Portmagaland hey, enjoying your vacation...good man
Portmagaland Sparky Yep, I know you have you eye on Portugal, when it pops and Portugal is nice, but you just cant beat this weather.
Sparky Young_SC ... so, your sure, it's coming out at 1:1 ?
Portmagaland My old bones love it and I just float in the water on my back, dont even need to swim.
Sparky Portmagaland ...haha, you said "float'... jk...
Portmagaland I dont want to cash out on Oregon, they'll take more than their share, so I've got to find a good state to cash out in. Washington has no state income tax, I could go across the river into Vancouver, Washington.
Dave in consideration of minting costs alone a dime sounds very reasonable place to start
Portmagaland Sparky Iraq couldn't float my fat a** if they tried
6 Sep 19, 01:16 PM Sparky Portmagaland ...yes, the tax man will be the next adversary when this happens...
Portmagaland Loving this 1 to 1 talk people, keep it up.
Dave Portmagaland 100,000% ROI
Doug_W Portmagaland U will need a residence other than oregon to NOT pay teh taxes
6 Sep 19, 01:18 PM Sparky Dave ...ha, we finally agree on something, maybe Zig will re instate our program...
Dave Sparky Na...I am his NEMISIS now?
Dave low ratings....
Sparky Dave ... I'll settle for 1000. %, roi...
xyz Pompeo: "Century deal" may be announced within weeks
http://alforatnews.com/modules/news/article.php?storyid=210275
WASHINGTON (Reuters) - US Secretary of State Mike Pompeo said on Friday he believed the Trump administration would reveal in the coming weeks details of the long-delayed peace plan between the Palestinians and Israel.
Asked after a speech at the University of Kansas, Pompeo said: "I think we will announce our vision in the coming weeks."
White House envoy Jason Greenblatt said last week the United States would not reveal the political part of the plan ahead of Israel's September 17 elections.
Portmagaland Sparky I second that
Dave Sparky will cost more to m int....pay attention!
Sparky Dave ...oh well, we had a good run...
Doug_Wxyz "in the coming weeks" where have we heard that b4?
Dave next session......
Dave Sparky you ought to go check out actual minting costs for currency particularly for coins
Dave then consider fils......
Sparky Dave ...then, "shelf" life...
Sparky Dave ...found a 1944 penny the other day...
Dave notes still cost 4-5 cents each .....coins double that
Dave Sparky find 1894 Barber s dime for me please
Dave then i will go away>>>>>>>
Sparky Dave ...when I see articles about fils...1000ths of a Dinar, I'll get excited...
Sparky Dave ...funny you mention that, I have been finding dimes for decades...still wondering why...
Dave missing my point......
Dave CBI aint going to mint coins that would be worth less than scrap metal
Sparky Dave ... again, in what denominations ?
Dave not 25K coins......
Doug_W xyz all over Iraq's plans will be in the coming weeks
Dave no purpose in deleting 3 zeros then
Sparky Dave ... good point...touche...
Zig Okay....sent "Vic" of Gatekeepers an email.....asked him to either drop by or to send me something to post here if he so desires......
Young_SC Sparky brother what does purchasing power sound like to you man lol
Young_SC Its not what i say its what they say
Dave Young_SC scrap metal worth more i suppose
Sparky Zig ...cool... always like Vic1...and, think he may have Iranian descent...and speaks Farsi... anyhow, cool dude, and very positive and informative in our journey...
Young_SC You are so quick to listen to opinions but not what Iraq/CBI says
Young_SC People asking Guru Jeff if a deal between China and US in Trade is the delay of the RV
Portmagaland X22 Spotlight posted an interview with Bix Weir this morning and Bix is a silver/crypto guy, not into dinar at all. However, Bix is into the whole system crashing globally and a lot of what he talks about in the interview, is tied into our thing here.
Bix too, is saying watch out for 9/11 next week like some in the Dinar world have suggested. It's just cool to see sources from different financial worlds/theories touching on common denominators: https://m.youtube.com/watch?v=qjbJ4N01GJE
IQD Calls Chat Thursday Night 9-5-19
.IQD Calls Chat Thursday Night 9-5-19
Xyz Sadr announces the end of the Iraqi government
Matt Market Summary > Dow Jones Industrial Average
INDEXDJX: .DJI 26,728.15 +372.68 (1.41%)^ Sep 5, 5:01 PM EDT
Matt Silver Price per Ounce $19.38 €17.67
Matt Gold: $1,522.20 Bitcoin $10,574.15 Ethereum $174.88 Litecoin $65.50
Baxter ANYONE KNOW IF THIS IS TRUE: 9-5-2019 Newshound Guru MilitiaMan The AMF is complete in launching a special Index database for Iraqi Securities. They have it ready, as they calculated the index as being from 07/31/2019...
They showcased the ISX with the NASDAQ months ago, yet to see a live connection and today we see the AMF having completed the calculation and the database for the financial markets with Iraq.
The NASDAQ has rules and for stocks (securities) to trade on the platform need to be north of $2.00 USD in value and that requires when under $4.00 being standard. So, imo they cannot do it at any rate.. jmtc. When they go live we will be happy campers...
Foxmulder Baxter Hey BAX it would be all over like wildfire ! I recall something about the stock market. Months ago ..
Baxter so you dont think its true? I havent a clue
Baxter I am wondering about this: The NASDAQ has rules and for stocks (securities) to trade on the platform need to be north of $2.00 USD in value and that requires when under $4.00 being standard. So, imo they cannot do it at any rate.. jmtc. When they go live we will be happy campers...
foxmulder Baxter what's AMF . (AMF) (English: "Financial Markets Regulator") is the stock market regulator in France. The AMF is an independent public body that is responsible for safeguarding investments in financial instruments and in all other savings and investment as well as maintaining orderly financial markets.
Matt Market Summary > Nasdaq Composite
INDEXNASDAQ: .IXIC 8,116.83 +139.95 (1.75%)^ Sep 5, 5:15 PM EDT ·
Baxter well what would France have to do with it?
foxmulder Baxter maybe in the early AM I'll take a look on the Nasdaq
Baxter Ok...
IQD Calls Chat Thursday Night 9-5-19
Xyz Sadr announces the end of the Iraqi government https://translate.google.com/translate?hl=en&sl=ar&tl=en&u=https%3A%2F%2Fwww.alsumaria.tv%2Fnews%2F-%2F317554%2F0%20&sandbox=1
Matt Market Summary > Dow Jones Industrial Average
INDEXDJX: .DJI 26,728.15 +372.68 (1.41%)^ Sep 5, 5:01 PM EDT
Matt Silver Price per Ounce $19.38 €17.67
Matt Gold: $1,522.20 Bitcoin $10,574.15 Ethereum $174.88 Litecoin $65.50
Baxter ANYONE KNOW IF THIS IS TRUE: 9-5-2019 Newshound Guru MilitiaMan The AMF is complete in launching a special Index database for Iraqi Securities. They have it ready, as they calculated the index as being from 07/31/2019...
They showcased the ISX with the NASDAQ months ago, yet to see a live connection and today we see the AMF having completed the calculation and the database for the financial markets with Iraq.
The NASDAQ has rules and for stocks (securities) to trade on the platform need to be north of $2.00 USD in value and that requires when under $4.00 being standard. So, imo they cannot do it at any rate.. jmtc. When they go live we will be happy campers...
Foxmulder Baxter Hey BAX it would be all over like wildfire ! I recall something about the stock market. Months ago ..
Baxter so you dont think its true? I havent a clue
Baxter I am wondering about this: The NASDAQ has rules and for stocks (securities) to trade on the platform need to be north of $2.00 USD in value and that requires when under $4.00 being standard. So, imo they cannot do it at any rate.. jmtc. When they go live we will be happy campers...
foxmulder Baxter what's AMF . (AMF) (English: "Financial Markets Regulator") is the stock market regulator in France. The AMF is an independent public body that is responsible for safeguarding investments in financial instruments and in all other savings and investment as well as maintaining orderly financial markets.
Matt Market Summary > Nasdaq Composite
INDEXNASDAQ: .IXIC 8,116.83 +139.95 (1.75%)^ Sep 5, 5:15 PM EDT ·
Baxter well what would France have to do with it?
foxmulder Baxter maybe in the early AM I'll take a look on the Nasdaq
Baxter Ok...
Zig Baxter : Wait until other Gurus see that.....lol.....frenzy time.....
foxmulder Baxter well that's what the AMF is
Baxter Fox.. I know..but what would France have to do with Iraq
Wilder Full text: Bin Laden's 'letter to America' https://www.theguardian.com/world/2002/nov/24/theobserver
Young_SC Baxter Arab Monetary Fund launches a special index for the Iraqi Stock Exchange
Young_SC LINK
Young_SC Baxter Yes it is true
Dave Really hope Zig invites Beny.......that would be FUN!
Zig Dave : :hamer h
Dave Zig headache .......yes you mentioned something to that effect
Dave Bring Em! BENY is hilarious.....
Young_SC Zig did you read what i posted zig?
Young_SC Iraq reveals reserves of foreign currency and excludes the float of the dinar
Tuesday, December 26, 2017
Young_SC LINK
Wilder Tuesday, that the bank's reserves of hard currency amounted to 48 billion dollars, noting that Iraq will not resort to float currency
Dave Wilder thought it was more?
Wilder From his post just now Young_SC
Dave Unless they paid Kuwait out
Zig Interesting but that article is almost 2 years old.....
Dave Zig wow paying attention now......
Zig I really don't care what they do....as long as it is something.....
Wilder Yep. I just seen that. 2017
Dave no float works for me
Zig Anything works for me.....
Dave obviously.....invite Beny yet?
Wilder Send that to Kap
Zig Kap reads this chat....he will comment if he wishes.....
Wilder Its all good. Kaps a good guy
Dave Wilder ever listen to Beny?
Dave Matt would not waste time trying to figure out who
Wilder No. Never heard of him
ilder Matt Kaperoni . something like that
Wilder Dave who is Benny
Wilder Beny
Wilder Qq Dave ???
Dave Wilder Qi cards?
Dave Wilder Oh Guru......No.....
Wilder Beny
Dave Wilder Made me laugh out load
sandyf @Chattels We have participated in a great adventure. Will we experience awe and mystery or disappointment in the outcome ? After 15 years I just want to live long enough to see an outcome.
sandyf @xyz Kaperoni never mind ... I understand you hypothesis but you have never explain the time factor.
Ssandyf If the IQD was to float from the current value and appreciate at 10 percent per month, in 2 years the rate would be about 100/USD, at 3 percent per month the rate would be about 600/USD.
No economy could withstand those levels for any length of time, I think the largest recorded was China at 7% in a year. Normal appreciation is in fractions of a percent.
Dave sandyf Pip Pip........
Young_SC Wilder Zig Yes as i stated over and over again 2 years ago the CBI stated no float
Young_SC And they stated the reason why a float does them no good